It appears that ETHEREUM may be anticipating a bearish trend.
Analyzing the 4-hour time frame, I spotted a rising parallel channel and a confirmed breakout of its lower boundary.
The final challenge for sellers lies at the 4464 - 4422 support level on the 4-hour chart, where the price is currently consolidating on the horizontal support.
Should the bears break and close below that level, it would signal a significant bearish indication.
Subsequently, a bearish continuation could potentially lead to the 4200-support level.
Analyzing the 4-hour time frame, I spotted a rising parallel channel and a confirmed breakout of its lower boundary.
The final challenge for sellers lies at the 4464 - 4422 support level on the 4-hour chart, where the price is currently consolidating on the horizontal support.
Should the bears break and close below that level, it would signal a significant bearish indication.
Subsequently, a bearish continuation could potentially lead to the 4200-support level.
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Join our Telegram channel
For daily market update 👇👇
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For paid signal👇👇
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For daily market update 👇👇
t.me/TheAcetrading
Backup Channel👇👇
t.me/theacetradingbackup
For paid signal👇👇
t.me/Ask_linofx1
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.