📊#ETH Symmetrical Triangle
🧠From a structural perspective, we are still in the 1737-2152 range-bound trading phase. Therefore, we can trade within this range, going long or short!
➡️From a model perspective, the highs are gradually declining, and the lows are gradually rising, forming a symmetrical triangle after the price has been compressed. Therefore, we need to observe a valid breakout from either side. A bear flag pattern has also formed inside the triangle. If we break below the lower edge of the bear flag, we may test the strong support around 1800.
➡️Strong resistance remains around 2138-2150
⚠️Note that we are in the early stages of a bear market, a phase of liquidity depletion. Therefore, be wary of liquidity traps at the top and bottom of the range!
Let's see 👀
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ETHUSDT.P
🧠From a structural perspective, we are still in the 1737-2152 range-bound trading phase. Therefore, we can trade within this range, going long or short!
➡️From a model perspective, the highs are gradually declining, and the lows are gradually rising, forming a symmetrical triangle after the price has been compressed. Therefore, we need to observe a valid breakout from either side. A bear flag pattern has also formed inside the triangle. If we break below the lower edge of the bear flag, we may test the strong support around 1800.
➡️Strong resistance remains around 2138-2150
⚠️Note that we are in the early stages of a bear market, a phase of liquidity depletion. Therefore, be wary of liquidity traps at the top and bottom of the range!
Let's see 👀
🤜If you like my analysis, please like 💖 and share 💬
ETHUSDT.P 
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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👇
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。