Ethereum has established a clear bullish pattern in the daily as we're seeing an inverse H&S:
The war issues across the globe must also be considered. So far, it's been bullish for crypto but this can also change overnight since it's a very volatile situation - and crypto being a very volatile asset.
For the near term, I believe ETH is due for another increase - at least beyond the current shoulder. This is IF we hold the current support zone:
It seems to be a bit of a slow burn with ETH for this season's ATH. In the ideal world, we'd either:
📢 consolidate under resistance (bullish)
📢make a flag (bullish)
📢OR smash right through the resistance.
But there's likely going to be heavy selling pressure around that zone.
__________________________
ETHUSDT
The war issues across the globe must also be considered. So far, it's been bullish for crypto but this can also change overnight since it's a very volatile situation - and crypto being a very volatile asset.
For the near term, I believe ETH is due for another increase - at least beyond the current shoulder. This is IF we hold the current support zone:
It seems to be a bit of a slow burn with ETH for this season's ATH. In the ideal world, we'd either:
📢 consolidate under resistance (bullish)
📢make a flag (bullish)
📢OR smash right through the resistance.
But there's likely going to be heavy selling pressure around that zone.
__________________________
ETHUSDT Transaction en cours
Don't miss tis update on SHIBA, a buy zone is approaching:👀👇
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Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.