ETH end of correction??🤔⚠️🤔⚠️
Ethereum / TetherUS BINANCE:ETHUSDT
Hi dear traders
As you can see in the previous analysis, the 3411$ and 3300$ support areas were lost.
The 3200$ or MA120 support area is now important. Price has left the Bollinger Bands and is trying to get back inside.
If the daily candle is closed above 3200$, it will give buyers the opportunity to raise the price in an upward direction.
Otherwise the price will fall to the support area of 3000$.
Bollinger Bands are still showing an uptrend.
If this support is maintained, the price will return to the uptrend channel .
It is better to wait for the closing of the daily candle.
Keep an eye to BTC movement.
This is not financial advice ( DYOR )
Good luck.
