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.
__________________________
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Cryptocheck Website
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softquant.io
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Discord Server
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Cryptocheck Website
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discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
