Hello, community members welcome to another ETH/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the above-mentioned chart that ETH broke the parallel channel pattern after a sweet break it moved upside by 6%.
Now, ETH needs to hold this upper trend line support to move upside. But candle close below will again lead ETH towards the lowest price levels.
Currently, it's retesting the upper trend line and will move upside. Let’s see how it performs in upcoming hours.
MACD also printed a bullish cross which is a good sign of upcoming green candel.
IMO, Again the market is still not stable and is way too volatile, be cautious to preserve your funds which is our main duty of ourselves in these uncertain market conditions, and keep your stop loss tight if you are holding any position.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the above-mentioned chart that ETH broke the parallel channel pattern after a sweet break it moved upside by 6%.
Now, ETH needs to hold this upper trend line support to move upside. But candle close below will again lead ETH towards the lowest price levels.
Currently, it's retesting the upper trend line and will move upside. Let’s see how it performs in upcoming hours.
MACD also printed a bullish cross which is a good sign of upcoming green candel.
IMO, Again the market is still not stable and is way too volatile, be cautious to preserve your funds which is our main duty of ourselves in these uncertain market conditions, and keep your stop loss tight if you are holding any position.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
