ETH Update #TheCryptoCity
#ETH Update
The price of ETH is now trading around 1800 dollars.
It's moving within a Symmetrical Triangle and forming a Double Bottom as well.
So, if the price pumps in accordance with the Double Bottom pattern, it could test 2000$-2100$ in the near future.
Otherwise, if the price drops and the Triangle break down, it is likely to fall further, to around 1600$-1500$, in the near future.
Now we'll have to wait for some price action to confirm ETH's next move.
This is my idea. I have tried my best to bring the best possible outcome to this chart, Do not consider it FINANCIAL ADVICE.
So let's see how the market reacts in the coming days.
This chart is likely to help you in making better trade decisions
I am not a market maker I could be wrong.
Everything is on the chart.
The price of ETH is now trading around 1800 dollars.
It's moving within a Symmetrical Triangle and forming a Double Bottom as well.
So, if the price pumps in accordance with the Double Bottom pattern, it could test 2000$-2100$ in the near future.
Otherwise, if the price drops and the Triangle break down, it is likely to fall further, to around 1600$-1500$, in the near future.
Now we'll have to wait for some price action to confirm ETH's next move.
This is my idea. I have tried my best to bring the best possible outcome to this chart, Do not consider it FINANCIAL ADVICE.
So let's see how the market reacts in the coming days.
This chart is likely to help you in making better trade decisions
I am not a market maker I could be wrong.
Everything is on the chart.
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