ETH has been trending downwards over the last few days. During this downward trend, a bull-flag formation has emerged in the chart.
Personally, I'm waiting for the price to break through the top resistance. Be patient. Targets in blue.
Another way to trade this pattern would be to wait for the price to bounce off the bottom support for a better risk-reward entry.
Personally, I'm waiting for the price to break through the top resistance. Be patient. Targets in blue.
Another way to trade this pattern would be to wait for the price to bounce off the bottom support for a better risk-reward entry.
Note
Bottom support of the flag seems to be holding for now.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.