📊 #ETH: Next Key Resistance Zone 📈
🧠 Structurally, we are seeing sideways consolidation within the gray zone to absorb the selling pressure here.
➡️ From a pattern perspective, an ascending triangle is forming; this pattern typically signals a continuation of the existing trend, so please be cautious about shorting. We should prioritize long positions until the price reaches the key resistance zone of $2,700–$2,900!
➡️ If the price tests the upper edge of the triangle and finds support there, we could see further upside 📈.
⚠️ If the price breaks below this gray consolidation zone, market sentiment will turn bearish.
🤜 Follow me to stay updated on market movements. Remember to like 💖 and share 💬.
ETHUSDT.P
🧠 Structurally, we are seeing sideways consolidation within the gray zone to absorb the selling pressure here.
➡️ From a pattern perspective, an ascending triangle is forming; this pattern typically signals a continuation of the existing trend, so please be cautious about shorting. We should prioritize long positions until the price reaches the key resistance zone of $2,700–$2,900!
➡️ If the price tests the upper edge of the triangle and finds support there, we could see further upside 📈.
⚠️ If the price breaks below this gray consolidation zone, market sentiment will turn bearish.
🤜 Follow me to stay updated on market movements. Remember to like 💖 and share 💬.
ETHUSDT.P Trade attivo
#ETH Update
As long as we hold the gray sideways trading range, there remains a possibility of an upward move; therefore, do not chase short positions at the lower edge of this range, as it continues to act as support. If you have opened long positions here, ensure you manage your risk effectively—and if this sideways range fails to hold, do not harbor any further illusions.
Nota
#ETH Update
The market has continued to rise as expected; if you are sitting on decent profits, you might consider some position management.
There are no shorting opportunities at the moment; patiently wait to see how the price reacts to the resistance zone around 2800–3000.
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💎Use WolfKing's exclusive invitation code to trade and gain VIP subscription access.
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
🔗 BITGET 👉wolf20👇
partner.bitget.fit/bg/wolfking20
🔗 BYBIT 👉WOLFKING👇
partner.bybit.com/b/wolfking
🔗 Binance 👉O3D948JZ👇
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.