ETHEREUM Price Update. Will this Demand Hold?
Dear Traders, This is a Screenshot of my Analysis on this Pair. ( Previous Analysis Linked below )
I expected a retracement on ETHEREUM after strong bullish Impulse, Price has now come for a retest of a newly created Demand.
1) On The Monthly Timeframe, Price is still in a Bullish Environment
2) On The Weekly Timeframe, Price is still Bullish as well.
3) On the Daily Timeframe, Price has come for a retest of our Demand and Price is reacting to the Liquidity
From these facts, I will be Observing Ethereum for a Bullish Daily Close after which we can confidently observe the markets for bullish Trading Opportunities.
I expected a retracement on ETHEREUM after strong bullish Impulse, Price has now come for a retest of a newly created Demand.
1) On The Monthly Timeframe, Price is still in a Bullish Environment
2) On The Weekly Timeframe, Price is still Bullish as well.
3) On the Daily Timeframe, Price has come for a retest of our Demand and Price is reacting to the Liquidity
From these facts, I will be Observing Ethereum for a Bullish Daily Close after which we can confidently observe the markets for bullish Trading Opportunities.
