Hello, here is a multi time frame technical analysis chart for Ethereum.
We are at the very end of a descending wedge (some people will also see a triangle) on the higher time frames.
Price is testing 5-month support area at 1050$ and could be printing a double bottom on the daily chart.
We are starting to see some bullish signs on lower time frames but nothing serious yet. I'd be patient right now.
I like to compare ETH to BTC, and we can see that ETH has been performing better than BTC (or at least, not as worse), however we fail to make new highs so the day ETH overtakes BTC isn't coming yet.

We are at the very end of a descending wedge (some people will also see a triangle) on the higher time frames.
Price is testing 5-month support area at 1050$ and could be printing a double bottom on the daily chart.
We are starting to see some bullish signs on lower time frames but nothing serious yet. I'd be patient right now.
I like to compare ETH to BTC, and we can see that ETH has been performing better than BTC (or at least, not as worse), however we fail to make new highs so the day ETH overtakes BTC isn't coming yet.
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🔥Get the Cyatophilum Indicators today and automate them on Binance! => blockchainfiesta.com/strategies/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
Discord Server: discord.gg/RVwBkpnQzm
I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/
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。