Ethereum / TetherUpdated Ethereum's Bull Flag
Ethereum has recently formed a bull flag, indicating significant potential for upcoming market movements.
On Ethereum's upward trajectory, the first notable barrier is resistance A, and successfully overcoming it could pave the way to reaching the channel's ceiling.
If Ethereum can respond positively to these resistances, we can expect a substantial increase in prices.
On Ethereum's upward trajectory, the first notable barrier is resistance A, and successfully overcoming it could pave the way to reaching the channel's ceiling.
If Ethereum can respond positively to these resistances, we can expect a substantial increase in prices.
Note
Ethereum is currently trading within a falling wedge pattern, testing a key support area. Typically, such patterns suggest a bullish trend, often resulting in an upward breakout. It's advisable to closely watch Ethereum for any signs of this bullish movement.
Claim a 7-day trial: t.me/cornix_groups_10_bot?start=group_invite-3301c0310d53475d9342f9bd0468cc6b
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.
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.