ETHUSDT shortI have allocated a place for a short one. I did not have time to enter the given item, so I am waiting for a return to the price and open a trade.
Ethusdtanalysis
💥ETHERUM IN A CRITICAL ZONEPlease support this idea with a LIKE👍 if you find it useful🥳
Etherum is facing a resistance which can make it fall to $2400 or rise to $4000.
As seen on the chart, Etherum just completed it's Double bottom (W pattern) race with a breakout and a pullback above the supply zone.
A break above the current resistance zone takes Etherum to $4000.
But if price is unable to break this supply zone, then a double top (M pattern) comes in play to make price fall to $2400.
What do you think?
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ETHUSDT TRPLE BOTTOMS | BULLISH ENGULFING | NEW TARGETSETHUSDT TRPPLE BOTTOMS | BULLISH ENGULFING | NEW TARGETS
After completing a long correction, ETH has created triple bottoms, and finally, we have seen a weekly bullish engulfing candle. We have 2 nearest resistances(R1: 2913.68 | R2: 3584.79) and 1 major resistance(R3: 4384.43) .
If everything goes well, we will see a new ATH(All-Time High) at a price of $6000, and then again a long correction phase will be started.
NOTE: THIS IS JUST A TECHNICAL ANALYSIS BASED ON PREVIOUS DATA AND UPCOMING NEWS. INVEST AT YOUR OWN RISK. I WILL NOT BE RESPONSIBLE FOR ANY LOSS.
