ETH: Follow the Price Breakout for Trading Direction
Ethereum continues to develop in a complex way after BTC reached a new all-time high near 93K.
ETH has not taken a clear direction since completing a bearish Head & Shoulders pattern.
Currently, we can see another contracting triangle pattern, which suggests the price has a higher likelihood of moving down. However, to keep all trading possibilities open and maintain an open mind, I have outlined both scenarios.
The breakout from the triangle will indicate the new price direction, as shown on the chart.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Ethereum continues to develop in a complex way after BTC reached a new all-time high near 93K.
ETH has not taken a clear direction since completing a bearish Head & Shoulders pattern.
Currently, we can see another contracting triangle pattern, which suggests the price has a higher likelihood of moving down. However, to keep all trading possibilities open and maintain an open mind, I have outlined both scenarios.
The breakout from the triangle will indicate the new price direction, as shown on the chart.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
İşlem kapandı: hedefe ulaştı
Bullish target reached
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.