ETH TREND-FOLLOWING

2023年6月6日

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

ETH FROM A LONG-TERM PERSPECTIVE.

As we can see price is still overall bullish trading inside this rising broadening wedge pattern,

Then, bulls are still in control, making clean new higher highs and higher lows.

However, price is approaching a massive zone!!

1- Support zone 1700-1800 multiple rejections previously.
2- Rising trendline holding up the price in a shape of rising broadening wedge pattern.

Then as the price well be diving more, we will be looking for new longs as well.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!