Daily Chart: Ethereum is forming a descending triangle, a pattern that historically offers a 70% probability of a breakout to the upside and a 30% chance of breaking downward. Traders should keep an eye on price movements near the triangle's boundaries for a potential breakout.
Weekly Chart: Ethereum/USDT recently touched a major support level and is approaching the 200-week EMA. Additionally, the RSI is at oversold levels, indicating a potential reversal or bounce in price as selling momentum weakens. These technical signals suggest that Ethereum could be gearing up for a significant move soon.
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Weekly Chart: Ethereum/USDT recently touched a major support level and is approaching the 200-week EMA. Additionally, the RSI is at oversold levels, indicating a potential reversal or bounce in price as selling momentum weakens. These technical signals suggest that Ethereum could be gearing up for a significant move soon.
If you found this analysis helpful, please SUBSCRIBE ✍️ and SHARE🙏
Good look! 🚀
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.