mansour1978

Ethereum analysis in 12 hours time frame

Long
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
Ethereum analysis in 12 hours time frame
According to the Dominance Tether analysis in the previous post, according to what you can see in the chart, the price is in a good ascending channel with a high slope of 27 degrees.
The price has stayed twice with good candles behind the midline of the channel (with a short time interval), you can think of a long position from the current price range or the bottom of the channel (with entry management and step purchase). The targets have been identified.
Don't forget capital management and compliance with risk to reward
Good luck and

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