Hello everyone ๐
#ETH is forming a bullish 3-Drive pattern !
Also there will be a convergence formation combined with the 3-Drive..
๐ But in current view; #ETH is moving in a bearish FIB's retracement.
After reaching target, There will be a dive to lower support zone located below $2700.
๐ How ever bulls can take the lead on MACRO view :
There's a bullish correction on 12H's chart, Which means that #ETH just had a healthy correction for another leg to ATH !
It's better to follow the scenarios with marked levels. Both of the scenarios have the same chance to happen.
๐ So you can set your invalidations at 3.5K's resistance zone and 3K's support zone any break below/above can confirm the major movement !
Hope you enjoyed our analysis about #ETH's possible directions๐
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Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
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Penerbitan berkaitan
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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.