Technical analysis by Hadi_karaali about Symbol ETH: Buy recommendation (5/16/2024)

Hadi_karaali

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. ETH BULLS TO TAKE OVER. 📚 👉As we can see price was clearly overall bearish, Moreover, price recently got stuck inside this big range, Specifically trading inside this symmetrical triangle. 👉Meanwhile, from a short-term perspective, and for the bulls to take over, we need a break first above 3100, then expect a movement higher. Adding on, From a medium-term perspective, and for the bulls to kick in for a new impulsive move, we need a break above the upper marked major swing high, Then a movement higher would be expected. 📚 If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!