We are watching # ETH 4h
The ether has come close to the trend line. What can we expect next?
Most likely, there will be a reversal from the current values. A local correction is likely.
I also do not rule out a movement with a false breakdown of the trend line, which may cause many to expect continued growth, and then the price may turn lower.
At what levels should I look for long points?
I would take a closer look at entering the long at the levels of 2610 and 2500 — these are good points for correction, while maintaining an uptrend.
I will review the scenario only if it is firmly anchored above the trend line.
ETH
We are watching # ETH 4h
The ether has come close to the trend line. What can we expect next?
Most likely, there will be a reversal from the current values. A local correction is likely.
I also do not rule out a movement with a false breakdown of the trend line, which may cause many to expect continued growth, and then the price may turn lower.
At what levels should I look for long points?
I would take a closer look at entering the long at the levels of 2610 and 2500 — these are good points for correction, while maintaining an uptrend.
I will review the scenario only if it is firmly anchored above the trend line.
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