ETHUSDT
This is the daily ETHUSDT chart
I see that the descending channel or falling parallel channel has been broken out to the up side.
When the resistance at $1359 was broken we saw the price shoot up to the next key resistance level at $1654.
Currently price is consolidating and forming a bullish pennant pattern.
Waiting to see if it breaks up or down. If it breaks the pennant upward and break resistance we can see the price shoot up again to $2026 or %1.618 fib level
If it breaks down the pennant we can see the price retrace down to fib golden pocket at %61.8-%50 fib levels.
These are the key levels I found. Thanks for viewing
I see that the descending channel or falling parallel channel has been broken out to the up side.
When the resistance at $1359 was broken we saw the price shoot up to the next key resistance level at $1654.
Currently price is consolidating and forming a bullish pennant pattern.
Waiting to see if it breaks up or down. If it breaks the pennant upward and break resistance we can see the price shoot up again to $2026 or %1.618 fib level
If it breaks down the pennant we can see the price retrace down to fib golden pocket at %61.8-%50 fib levels.
These are the key levels I found. Thanks for viewing
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.