ETH is being compressed in a triangular pattern.
The floor of the triangle is the intersection of the static support 2470-2500 and the ceiling of the triangle is the intersection of the resistance 2800-2850.
Wait until one of these levels is broken to enter a better long position or shorts.
Important resistances after breaking the triangle roof:
3000-3050
3250-3400
Important supports after the triangle floor is broken:
2300-2350
2150-2200
In the previous analysis, the news that can affect the price of Bitcoin and the market trend is explained.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 16.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
The floor of the triangle is the intersection of the static support 2470-2500 and the ceiling of the triangle is the intersection of the resistance 2800-2850.
Wait until one of these levels is broken to enter a better long position or shorts.
Important resistances after breaking the triangle roof:
3000-3050
3250-3400
Important supports after the triangle floor is broken:
2300-2350
2150-2200
In the previous analysis, the news that can affect the price of Bitcoin and the market trend is explained.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 16.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
Note
ETH successfully breaks resistance. Now im waiting for pullback to green support and see price action. If i see reversal candlestick pattern my long position will be active
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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.