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Welcome to this quick ETH update.
ETH is forming a bearish flag pattern in the 4hf time frame and currently, it is testing the middle line of the flag. I'm expecting a rejection from here and the price might go to test the lower line of the flag. Here we have strong support also.
After hitting the lower line, we can expect a bounce up to the $1230-$1250 range. I'm setting my long bids at the $1150-$1170 range with the tight SL. Let's see how this goes.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank you!
Welcome to this quick ETH update.
ETH is forming a bearish flag pattern in the 4hf time frame and currently, it is testing the middle line of the flag. I'm expecting a rejection from here and the price might go to test the lower line of the flag. Here we have strong support also.
After hitting the lower line, we can expect a bounce up to the $1230-$1250 range. I'm setting my long bids at the $1150-$1170 range with the tight SL. Let's see how this goes.
What do you think about this?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank you!
