Analysis of ETH 4-hour timeframe
The price of ethereum is now $2237. After a 2% drop compared to the previous day, by hitting the intersection of POC (the area with the largest volume of transactions) and Fibonacci 38, we expect support and again to the upcoming resistances, which are 2300, 2334, and 2400. Attack slow. Ethereum has the ability to grow to our target 4 with a profit of 10%.
In case of falling and reaching the accumulation area (ACCUMULATION) and below Fibo 618, we can activate our STOP, because in case of falling, we will correct the price up to 2003 dollars.
Technical analyst: Amir Hassan Salek
#ETHUSDT
The price of ethereum is now $2237. After a 2% drop compared to the previous day, by hitting the intersection of POC (the area with the largest volume of transactions) and Fibonacci 38, we expect support and again to the upcoming resistances, which are 2300, 2334, and 2400. Attack slow. Ethereum has the ability to grow to our target 4 with a profit of 10%.
In case of falling and reaching the accumulation area (ACCUMULATION) and below Fibo 618, we can activate our STOP, because in case of falling, we will correct the price up to 2003 dollars.
Technical analyst: Amir Hassan Salek
#ETHUSDT