$ETH Midterm #analysis 12H Timeframe
Data from Cryptovizor
TREND 🔴🔴🔴🔴🔴
MA 🔴 RSI 🔴 15.06.2023
Volume 1D 705.59 M
CD Week -146 M
1. Ethereum #ETH is currently experiencing a complex correction.
2. The asset has approached a support level in the form of an OB (Order Block) on the weekly timeframe.
3. There is a possibility of witnessing a local bounce and potential reversal after manipulating the level below.
4. To open a local long position, it is recommended to wait for confirmation in the form of breaking a specific level (mbos).
