ETH Started 2024 with 2200 $ per ETH , In this pattern shown above we can see X as a starting point , Point A as Top of price B as a mid bounceback level, C as test for breaking the 4000 Range , and D back to same point as B, . It doesnt need much text or explanation since chart is almost perfectly harmonised and speaks for itself, Trades between 3000$ to 4000$ Range seems reasonable.
This is not a Trading advice just a chart for the eyes that can see the story it tells...
This is not a Trading advice just a chart for the eyes that can see the story it tells...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.