💲 Nearest strong support zone: around the edge of the triangle.
💲 Nearest strong resistance zone: around 0.236 of the downward wave.
💲 Technical environment:
- Moving averages: 50/50
- MACD: Uptrend
- RSI: Uptrend
💲 Price action: Ethrereum has shot up beautifully, exactly as I wrote in my last post that this is the last chance to buy ETH at 1200: After the breakout from the accumulation, I expect to execute a downward correction in the coming days due to the upcoming trend of strengthening of the US dollar. After the correction, I expect the trend to continue.
💲 The scenario I play out is a correction followed by a continuation of the uptrend. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
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