Technical analysis regarding the price of ETHEREUM in relation of dollar Binance for the next scenarios, based on 4h movement.
Explanations on the chart!
I believe that the price is moving in this upward trend, and when it accumulates, the price continues with the upward trend ~ even because in the context, the accumulation continues with the previous movement, so if it breaks, it may cause the price to rise ~ and notice that the price is forming an accumulation.
By projecting the targets with Fibonacci, I get the levels where the price can get.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
Explanations on the chart!
I believe that the price is moving in this upward trend, and when it accumulates, the price continues with the upward trend ~ even because in the context, the accumulation continues with the previous movement, so if it breaks, it may cause the price to rise ~ and notice that the price is forming an accumulation.
By projecting the targets with Fibonacci, I get the levels where the price can get.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
