ETHUSD strong resistance ahead more correction ahead or new ATH?
As we can valid trendlines are ahead and strong resistance zone .
first one that is touching right now is first pressure of sell or ... and we expect more correction here
second one is trendlines that touched previous ATH and current one and why we may expect touching that because we had creation of double bottom that is strong reversal pattern here and maybe and maybe market get some strength and rise to touch second trendline and mange to fall after touching it as mentioned with red path .
and we had broken trendline too that is now retesting that and more fall is expected after this conformation:
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
first one that is touching right now is first pressure of sell or ... and we expect more correction here
second one is trendlines that touched previous ATH and current one and why we may expect touching that because we had creation of double bottom that is strong reversal pattern here and maybe and maybe market get some strength and rise to touch second trendline and mange to fall after touching it as mentioned with red path .
and we had broken trendline too that is now retesting that and more fall is expected after this conformation:
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
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VIP Channels:
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check pinned message in telegram for more information.
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