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❤️
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youtube.com/@TradingPuzzles
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✅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
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。