Hi Everyone!
Binance ETH / USD 4H.
The price is at 3785. As we can see, the bullish scenario continues. The tension that was present on October 10 warned us about a possible testing of support at $ 3400. The minimum was 3372. The 4-hour chart shows everything perfectly. We have an ascending channel in which buyers are trying to hold on and move up. The day's fisher will add a head start if he can gain a foothold by the end of the day. Support is collected in the 3600-3700 zone. Return to shelf 3400 can provoke a collapse for the entire trade from October 3rd, i.e. by 300-400, hence to 3100-3200. While we are in the channel, everything is more or less normal for growth.
Until next time!
Your team D&P. Trade
Binance ETH / USD 4H.
The price is at 3785. As we can see, the bullish scenario continues. The tension that was present on October 10 warned us about a possible testing of support at $ 3400. The minimum was 3372. The 4-hour chart shows everything perfectly. We have an ascending channel in which buyers are trying to hold on and move up. The day's fisher will add a head start if he can gain a foothold by the end of the day. Support is collected in the 3600-3700 zone. Return to shelf 3400 can provoke a collapse for the entire trade from October 3rd, i.e. by 300-400, hence to 3100-3200. While we are in the channel, everything is more or less normal for growth.
Until next time!
Your team D&P. Trade