Hello my friends as you can see in the hourly chart We have a big candle that hasn't changed the market structure yet, but it has managed to engulfe the previous 25 candles, so I imagine this move is due to ofchain and onchain data.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Welcome back to another video, today's video is about analysing ETHEREUM (ETH) using the monthly, weekly and daily timeframe to understand and see price movements for possible next direction (either downwards or upwards trend).
here we have 2 scenarios Price Action Analysis call it a Long and Divergence Strategy is giving Short Signal what do you think? Red or Green?