Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
Quick update on ETH.
As we can see price is still overall bearish from a long-term trading inside this channel,
Meanwhile, price is still sitting around our falling trendline, where we will be looking for new bearish movements, Unless price managed to trade more higher by invalidating our falling trend-line.
However, price is still overall bullish from a medium- and short-term perspective, and for the bears to kick in we need a break below the marked major swing low, then a movement lower would be expected.
Until that happens price is still bullish and price can still trade higher and higher.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
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