ETHEREUM: NOT YET BULLISH.

2022년 11월 17일

Hello traders, here's a quick update on ETH in a daily timeframe.

For the last 7 days, ETH is ranging between $1150 to $1300 not showing any sign of bullishness. On the 8th of November 2022, when ETH dumped -32% it quickly made a bounce back creating a support line below it. So far ETH has well maintained the support and it must continue to do so to stay above the $1100 range. If ETH breaks down the support line, it may possibly take another bearish turn and could be below the $1000 level.
On the other hand, a bounceback from the support is expected and this expectation could be a 35% pump on ETH.

Let us see how ETH reacts to the recent market situation. For now, I will wait and watch patiently.

I hope this update will be helpful for you all. Thank you for your continuous support.

Trade safely.

2022년 11월 24일

노트

ETH Update:

ETH went perfectly as expected. A drop to the support level and then a bounce back. So far so good.