ETH - Long-Term View 👀

25 ביוני 2023

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

on DAILY: Left Chart
As per my last analysis, ETH rejected the green support zone and traded higher. Now What?

📈 ETH is sitting around a minor resistance zone in gray 1950. For the bulls to remain in control medium-term we need a break above it.

Meanwhile, the bears can take over for a correction (to be confirmed on lower timeframes), in this case, we will be looking for new buy setups around the orange minor support.

on Weekly: Right Chart
🏹 From a long-term perspective, for the bulls to take over, we need a weekly candle close above the blue resistance zone 2250

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich