Hi guys, today we want to analyze Ethereum in 1 hour time frame.
As you can see on the chart that we had a symmetrical triangle which was broken from the upper side and also we had an important resistance level at the price of $1,952.
Now the price action indicates that it could be a pullback to the broken static resistance level or maybe even to the upper level of the symmetrical triangle.
We may witness a push higher from that level, also as indicated on the chart we have a clear one hour resistance level at the price of $2,130.
As you can see on the chart that we had a symmetrical triangle which was broken from the upper side and also we had an important resistance level at the price of $1,952.
Now the price action indicates that it could be a pullback to the broken static resistance level or maybe even to the upper level of the symmetrical triangle.
We may witness a push higher from that level, also as indicated on the chart we have a clear one hour resistance level at the price of $2,130.
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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.