📊 ETHUSD Bullish Pennant – Technical Setup in Focus
Ethereum is currently consolidating within a bullish pennant pattern on the daily timeframe. This structure often appears after a strong price rally and may indicate continuation — if confirmed by a breakout above the resistance zone.
Technical Summary:
📌 Structure: Bullish Pennant
📈 Resistance: $2,550
🔍 Watching for breakout confirmation with volume
🧠 No confirmation = no trade
As always, this is not financial advice. Just sharing a potential setup based on price action and structure.
💬 What are your thoughts on ETH here? Do you see a breakout coming
Ethereum is currently consolidating within a bullish pennant pattern on the daily timeframe. This structure often appears after a strong price rally and may indicate continuation — if confirmed by a breakout above the resistance zone.
Technical Summary:
📌 Structure: Bullish Pennant
📈 Resistance: $2,550
🔍 Watching for breakout confirmation with volume
🧠 No confirmation = no trade
As always, this is not financial advice. Just sharing a potential setup based on price action and structure.
💬 What are your thoughts on ETH here? Do you see a breakout coming
FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
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.
FX|GOLD|CRYPTO| Clean Charts, Sniper Signals & Smart Risk Management. Telegram t.me/smarttrading072
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.