Ethereum / TetherUSPanjang
#ETH #Ethereum #Analysis for next hours
After breaking the S / R level, returning to the bullish triangle from the previous move, it has entered a descending channel.
According to market sentiment, we could see a breakdown of the channel to the upside until it reaches the S / R $ 630 level again.
In the case of continuing in the descending channel, it could find the dynamic support of the triangle and bounce upwards. As always, a stronger correction could occur, although we believe this is unlikely under current conditions.
The decline in the market of previous hours, we do not believe that it is a downtrend, but we feel that it is a natural correction to continue the uptrend.
According to market sentiment, we could see a breakdown of the channel to the upside until it reaches the S / R $ 630 level again.
In the case of continuing in the descending channel, it could find the dynamic support of the triangle and bounce upwards. As always, a stronger correction could occur, although we believe this is unlikely under current conditions.
The decline in the market of previous hours, we do not believe that it is a downtrend, but we feel that it is a natural correction to continue the uptrend.
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.
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.