ETHER - Make or Break Scenario Ahead

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We analysed Ether few days back and it was highlighting a Bearish move. This move didn't touch our support levels and went back up. Currently we are sitting on a make or break scenario and a sustained break above the resistance level will confirm Bullish continuation or a break below will confirm a Bearish correction to long term trendline.

Best approach is to go from level to level rather than aiming for a swing move as sentiments can switch anytime.

For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.

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Disclaimer: This content is for educational purposes only and should not be considered financial advice.
Nota
Price holding well and heading more towards Bullish breakout.

Penafian

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