ETHFI bearish SituationBINANCE:ETHFIUSDT
ETHFI is in a bearish channel right now which means the price shall continue to decrease!
no sign of Bullish movement can be seen!😒
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Ethfianalysis
ETHERFI : The Next Chapter...?ETHERFI is currently experiencing significant resistance at the $2.50 threshold. This price point has proven to be a formidable barrier to upward movement. Meanwhile, the overall Ethereum ecosystem is witnessing an increase in trading volume, indicating heightened interest and activity among investors. Should ETHERFI manage to break through the $2.50 level and maintain a sustainable price above it, we could potentially see the onset of a bullish rally. Such a move would likely signal increased confidence in the asset and could attract further buying pressure, paving the way for more substantial gains shortly.
#ETHFI (SPOT) Entry ( 1.220- 1.620) T. (4.730) SL(.1.187)BINANCE:ETHFIUSDT
entry range ( 1.220- 1.620)
Target1 (2.405) - Target2 (3.151)- Target3 (3.830)- Target4 (4.730)
SL .1D close below (1.187)
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ETHFIUSDT Bullish TriangleETHFIUSDT technical analysis update
ETHFI price has formed a triangle pattern on the 4-hour chart and is moving towards a breakout at the triangle's resistance. Once the breakout is confirmed, we can expect a strong bullish move in ETHFI.
Buy zone : Below $1.51
Stop loss : $1.40
Regards
Hexa
Could #Ethfi have seen the bottom now?CRYPTOCAP:ETHFI 1D chart;
Continues to be under pressure from the falling channel and seems to have failed on its 3rd attempt (for now)
For now, because it has created a mismatch by making a rising bottom on the RSI side.
We may see positive movement after a possible recovery on the Bitcoin side.
Otherwise, $ 0.97 will be the next support level.