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Mihai_Iacob
10 jun 2023 04:43

Ethereum- Consolidation becomes descending triangle Kort

EthereumCRYPTO

Beskrivning

After the recent high at 2150 in mid-April, Ethereum started to correct and this correction becomes range trading and consolidation in the past 3 weeks of trading.
Although so far 1800 support held strong, EthUsd was incapable to pass above 1900 and the pressure seems to be on the sell side.
A beak of this support level exposes the next important level which is the confluence of trend line and horizontal level at 1700.
For a bullish scenario at this moment price needs to go back above 1900
Kommentarer
WalterMoon
Good trading plan bro I'm agree with you for now
Mihai_Iacob
@WalterMoon, thanks
FirstNameHelen
Thank you for your ethereum analysis
Mihai_Iacob
basictradingtv
awesome ETH breakdown buddy ;)
Mihai_Iacob
ArmanShabanTrading
Elegant chart!
Mihai_Iacob
SwallowPremium
We enjoy your channel. Keep it up!
jimmyjames4684
It’s called the 5the wave, we retrace to 0.618
Mer