Mambotrade

Ethereum trading view for next week 11/04/22

FOREXCOM:ETHUSD   Ethereum
Ethereum has streched for contunues week
and changing the trend near the support
level.

Its taking support from the 20 ema on a
weekly time frame.

The price has tested the
support and has given a upmove.

On daily time frame too there is a bullish
momentum in the price as its taking support
from 20 ema and has given a cross over in
the moving averages.

Ethereum can run either side as its trading
between 20 and 200 ema on 4 hour time
frame.

Support :- 3100, 3020, 2950
Resistance :- 3434. 3675
It has support near its trading price and can
reverse form the support.

On a short time frame there can be a
resistance at 3320.

So wait for the price action near the levels
before trading the coin.

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