Recently I looked trough the charts and I saw perfect ascending triangle developing on ETHUSD. This is important, commonly continuation pattern, but sometimes occurs in market "bottoms" and making reversal in trend. Usually bullish reversal happens with false break down below support line.
Now we can only guess what this triangle will be — bullish or bearish.
By the way, write in the comments what this triangle will be bullish or bearish?
For short-term I am expecting rebound from support trend-line at 110-120$ area with targets near 135-150$.
Now we can only guess what this triangle will be — bullish or bearish.
By the way, write in the comments what this triangle will be bullish or bearish?
For short-term I am expecting rebound from support trend-line at 110-120$ area with targets near 135-150$.
Commentaire:
Resistance here drawn on daily chart via closing prices
Transaction en cours
🔵 🟡 𝗙𝗥𝗘𝗘 & 𝗣𝗥𝗘𝗠𝗜𝗨𝗠 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: t.me/+5hlxWmhHaKplN2Rk
Enjoying the content? Here's a free way to show your support!
Sign Up and get Special Bonuses:
🔵 toobit.com/t/ArShevelev 🔵
🟡 bybit.com/b/ArShevelev 🟡
Enjoying the content? Here's a free way to show your support!
Sign Up and get Special Bonuses:
🔵 toobit.com/t/ArShevelev 🔵
🟡 bybit.com/b/ArShevelev 🟡