$ETH Midterm #analysis 12H Timeframe

Data from Cryptovizor

TREND ๐Ÿ”ด๐Ÿ”ด๐Ÿ”ด๐Ÿ”ด๐Ÿ”ด

MA ๐Ÿ”ด RSI ๐Ÿ”ด 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).

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