* Ethereum in weekly time frame forms a Symmetrical triangle pattern, and it is trading near it's above trend-line.
* We can expect the price to break the pattern with these two possible scenario :-
1. The price can immediately head out of the pattern.
2. It can drop till it's below support near $2730 and then pull back for a bullish breakout.
* We can expect the price to break the pattern with these two possible scenario :-
1. The price can immediately head out of the pattern.
2. It can drop till it's below support near $2730 and then pull back for a bullish breakout.
Note
Breakout of upper trend-line.
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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.
Disclaimer
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.