shakhitami
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since Nov 9, 2021
chartpattern
ethreum
harmonicpatterns
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In this chart, a harmonic pattern called the “Butterfly Pattern” is visible, with key points labeled as X, A, B, C, and D. Here’s a brief explanation of the components: 1. Harmonic Pattern: • The pattern is based on specific Fibonacci ratios. The levels indicate that the price may potentially reverse upward from point D. • Point D is typically where the price...
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ETHUSDT - Long-Term Ethereum Analysis On the weekly timeframe, Ethereum’s price is forming a symmetrical triangle pattern, approaching its apex, which increases the probability of a breakout. • Key resistances: 4,188.68 and 8,011.58 • Key supports: 2,568.76 Based on the pattern: 1. If it breaks upward, the price could potentially reach higher levels, such as...
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