ETH/USDT TA: 22.3.16

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ETH is being compressed in a triangular pattern.

The floor of the triangle is the intersection of the static support 2470-2500 and the ceiling of the triangle is the intersection of the resistance 2800-2850.

Wait until one of these levels is broken to enter a better long position or shorts.

Important resistances after breaking the triangle roof:
3000-3050
3250-3400


Important supports after the triangle floor is broken:
2300-2350
2150-2200


In the previous analysis, the news that can affect the price of Bitcoin and the market trend is explained.


⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: SDQ_Crypto
📅 16.Mar.22
⚠️(DYOR)

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Note
ETH successfully breaks resistance. Now im waiting for pullback to green support and see price action. If i see reversal candlestick pattern my long position will be active
Chart PatternsTechnical IndicatorsTrend Analysis

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