Analysis of Ethereum time form 4 hours
The current price of ethereum is 2360 dollars. Considering the 2 times of hitting the resistance of 2400 dollars and rejecting again from this area, it is expected to touch the target 3 again if the bottom of the channel is supported.
According to our twin ceiling pattern, if the price reaches the POC area, it will correct to our 50 Fibonacci level.
Technical analyst: Amir Hassan Salek
The current price of ethereum is 2360 dollars. Considering the 2 times of hitting the resistance of 2400 dollars and rejecting again from this area, it is expected to touch the target 3 again if the bottom of the channel is supported.
According to our twin ceiling pattern, if the price reaches the POC area, it will correct to our 50 Fibonacci level.
Technical analyst: Amir Hassan Salek