Reached the first area 4078$
We are monitoring its interaction with the area and with the daily closure. We will see tomorrow if it rebounds and creates a bottom or continues to 3899$
God willing, it will create a bottom
Analysis 👇👇👇👇
Weekly ETH Close
Today we have a weekly close, and in the long term, the close is very good.
But the next movement might be as follows:
There are accumulated buy orders at 4100, and strong sell orders at the peak.
The price might drop first to take some "fuel" and then rise again.
In case of a drop, it could visit the gap at 4078, especially if the week closes this way.
There is also a possibility of it dropping to touch the order block.
📈 General Overview:
The overall situation is bullish, and the indicators are promising.
Even if a weekly correction occurs, it is normal and will not harm the upward trend.
And a correction might not happen at all, so we just monitor and observe.
💬 Share your opinion with me 👇
$ETH
Today we have a weekly close, and in the long term, the close is very good.
But the next movement might be as follows:
There are accumulated buy orders at 4100, and strong sell orders at the peak.
The price might drop first to take some "fuel" and then rise again.
In case of a drop, it could visit the gap at 4078, especially if the week closes this way.
There is also a possibility of it dropping to touch the order block.
📈 General Overview:
The overall situation is bullish, and the indicators are promising.
Even if a weekly correction occurs, it is normal and will not harm the upward trend.
And a correction might not happen at all, so we just monitor and observe.
💬 Share your opinion with me 👇
$ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
4,163.36
-1.80%
