TECHNICAL ANALYSIS $ETHFI JUL 9
$BTC 's recovery led to many strong recovery codes, of which $ETHFI was one of the strongest codes.
The main daily trend of #ETHFI is a downtrend. In a downtrend, when the price has not broken through the daily supply, the trend will still be maintained.
That's why today's price increase is just a rebound in the H4 timeframe. There is a possibility of returning to the H4 Zone (H4 supply zone) then continuing to decrease following the main trend.
If you hold the spot, you should not buy, because the main trend is still down. You will buy when the daily confirms an increase. It was much safer then.
