Hello, dear members of LeoFinance!
Today I just want to outline that it seems ETH/USD is trying to renew the uptrend in the daily chart:
Moreover, in the 4-hour chart ETH/USD has just rebounded from the lower line of the ascending channel (uptrend):
However, it is worth mentioning that in the 1-hour chart ETH/USD is still within the trajectory of the recent correction (downtrend):
Fellow LeoFinancier, let's cross our fingers for Ethereum and hope that breakout happens!
p.s. at the time of writing one ETH costs $402.59, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last 14+ years, and as a cryptocurrency analyst for the last 3+ years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency trades, investments and etc.
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