Hello Traders,
After the goals we have given for ETH, let's do a new daily chart review. I am adding below the graph I have given before for your review.
When we examine the new daily chart, we can say that it still exhibits BTC-related movements like many crypto-currencies. It is possible to see the powerful trend lines that we have shown in red lines in the graphic that we have drawn in a slightly simpler and clearer way. The downward slashing of this narrowed line can carry us to the level of support I have shown green. Again, an upturn in the upward direction may lead us to the level of resistance I have shown with the blue line. For now, let's see which way this move will break.
The technical information I give received is for educational purposes only.
After the goals we have given for ETH, let's do a new daily chart review. I am adding below the graph I have given before for your review.
When we examine the new daily chart, we can say that it still exhibits BTC-related movements like many crypto-currencies. It is possible to see the powerful trend lines that we have shown in red lines in the graphic that we have drawn in a slightly simpler and clearer way. The downward slashing of this narrowed line can carry us to the level of support I have shown green. Again, an upturn in the upward direction may lead us to the level of resistance I have shown with the blue line. For now, let's see which way this move will break.
The technical information I give received is for educational purposes only.