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Ethereum technical analysis in 4 hours time frame
As we mentioned in the previous Ethereum analysis; This cryptocurrency was able to hit the resistance zone of $1,720 to $1,790 (Bearish Zone) and react. After that, Ethereum entered a correction phase, which is currently trading at around $1,600. There are two most likely scenarios.
Scenario No. 1: From here on, it will continue to decline and reach (1482-1507) dollars.
Scenario number 2: It will have a short growth up to (1630-1671) dollars and will continue to fall again if a sell setup is formed.
Arztoday 💙
Ethereum technical analysis in 4 hours time frame
As we mentioned in the previous Ethereum analysis; This cryptocurrency was able to hit the resistance zone of $1,720 to $1,790 (Bearish Zone) and react. After that, Ethereum entered a correction phase, which is currently trading at around $1,600. There are two most likely scenarios.
Scenario No. 1: From here on, it will continue to decline and reach (1482-1507) dollars.
Scenario number 2: It will have a short growth up to (1630-1671) dollars and will continue to fall again if a sell setup is formed.
Arztoday 💙
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Update: The price has progressed according to the second scenario and has had a relatively short growth up to the resistance zone (1630-1671 dollars). If a downward setup is formed in the lower time frames, you can open a sell position.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.