ETHUSDT | Analysis of the graph from the technical side.
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Ethereum looks not sure yet to continue rising above $1310 What's next?
Let's take a look at the place:
Previously, I allocated a range of $1300-1350 to take a short position, but now I think that everything can happen earlier, without a rebound above $1300
On the chart, I highlighted a formation similar to a triangle with a flat top, this pattern works downwards in most cases, which can be seen here as well. The asset came to the $1300 zone several times and we saw bounce after bounce.
I do not rule out that ETH will be able to test the $1300 resistance level again and then fall down, try to work with limit orders.
Ethereum looks not sure yet to continue rising above $1310 What's next?
Let's take a look at the place:
Previously, I allocated a range of $1300-1350 to take a short position, but now I think that everything can happen earlier, without a rebound above $1300
On the chart, I highlighted a formation similar to a triangle with a flat top, this pattern works downwards in most cases, which can be seen here as well. The asset came to the $1300 zone several times and we saw bounce after bounce.
I do not rule out that ETH will be able to test the $1300 resistance level again and then fall down, try to work with limit orders.
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Publications connexes
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.