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Happy New Year and Merry Christmas my dear friends!🤑
Take a look at the chart, please! I show you two scenarios of the price behavior. Every zone supports or resists ETH.
Now it's above the dashed line so a long scenario is more possible! But if it will be broken we should use a short scenario.
P.S
I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the buyer and seller reactions. Well, and a few more secrets, this material is not a trading recommendation )))
Happy New Year and Merry Christmas my dear friends!🤑
Take a look at the chart, please! I show you two scenarios of the price behavior. Every zone supports or resists ETH.
Now it's above the dashed line so a long scenario is more possible! But if it will be broken we should use a short scenario.
P.S
I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the buyer and seller reactions. Well, and a few more secrets, this material is not a trading recommendation )))
