Are there any recommendations from Professor Mohammed on his work VIDT?
محمد الهاشمي73
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Ethereum Daily Time Frame (D1): • The overall trend is downward, but there is a strong rebound from smart liquidity levels at $1965. • The price broke the PDL (Previous Day Low) and then returned to test it, which may indicate further corrective upward movement. • The Fibonacci level of 61.8% at $2434 may form strong resistance if the upward movement continues.
✅ 4-Hour Time Frame (H4): • A bullish Break of Structure (BOS) was achieved after forming a double bottom at $1855. • The price is currently trading above the 50% - 61.8% Fibonacci zone, which may support continued upward movement in the near term. • Resistance at $2046 - $2060 (PWH - Previous Weekly High) which should be monitored for testing.
✅ 2-Hour Time Frame (H2): • Clear buying strength after breaking the Equilibrium zone at $1930. • Successful breakout of the $2000 level, which is a strong psychological level, and if it holds above, we may see an extension of the upward movement towards $2135.
✅ 1-Hour Time Frame (H1): • Strong buyer activity after the formation of RSI Bullish Engulfing near the $1900 level. • Presence of institutional liquidity areas at $1950 - $1970 may support any short corrections before resuming the upward movement. • Short-term moving averages (EMA 20 and EMA 50) have started to cross positively, indicating the continuation of bullish momentum. $ETH #BNBChainMeme #VoteToDelistOnBinance
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