Analysis of ethereum time frame 4 hours
The current price of ethereum is 2300 dollars. According to the yellow ascending channel and hitting the bottom of the channel 7 times and the price support, targets 1 to 3 are expected to be easily touched. We encounter 2241. This is a strong support area because it is exactly on the level of POC (the largest volume of buying and selling) and Fibonacci 38. Pay attention to the stop point in this area.
Technical analyst: Amir Hassan Salek
The current price of ethereum is 2300 dollars. According to the yellow ascending channel and hitting the bottom of the channel 7 times and the price support, targets 1 to 3 are expected to be easily touched. We encounter 2241. This is a strong support area because it is exactly on the level of POC (the largest volume of buying and selling) and Fibonacci 38. Pay attention to the stop point in this area.
Technical analyst: Amir Hassan Salek