Ethereum trades in triangle and can fall to support line
511
Hello traders, I want share with you my opinion about Ethereum. Watching the chart, we can see how the price, after retesting the support level 1825, bounce off and began to rise. After a small correction, Ethereum continued its upward movement and grew to the level 2130, where it made a fake breakout and began to fall. The price made an upward correction, continued the downward movement and broke through the current support zone 1935-1915. Ethereum has dropped to the support level and after a fake breakout has grown to the resistance area again. Over time, the price created a symmetrical triangle and is now trading in the within. Not so long ago, the price a retest resistance line, bounced and went down. Ethereum can continue to fall and reach the support line of the triangle. I think the price can continue the downward movement, so I decided to set the targets for Ethereum at level 1870 and at the support level 1825, which coincide with the support line of the triangle. Please share this idea with your friends and click Boost 🚀
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
💰Want receive more profitable signals for Crypto & Forex market, write me 👉 bit.ly/4fNijD8
يعمل أيضًا:
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.