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Ethereum / TetherUS

ETHUSDT on a decision point- UP or DOWN?

By VitalyVishnevsky
Updated
Right now, I mostly see that #ETHUSDT moving within a parallel channel for midterm and also forming a symmetric triangle for a short term, we have a long term bullish trend line as a baseline support. Let's see how the situation will develop. I cannot recommend what will be the best move right now - it is more like a betting, but there might be confirmation on #ETHUSDT on 1090 to move up to first support level at 1119-1133 and if triangle breaks down it will likely reach parallel channel support lines and 930-950+ support baseline very soon.
Comment
As I described it turned to up, so now it should speed up to up.
Chart PatternsTechnical IndicatorsTrend Analysis

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