ETH, Etherium - 2 scenarios and 2 entry points
ETH has been in a downtrend for 70 days. A falling wedge pattern can be seen on the chart. The upper boundary of this pattern is now acting as resistance. In the case of a breakout, there could be a good buying opportunity.
It is also worth highlighting important key levels, in case the decline continues, liquidity gathering below the lows and a false breakdown may also be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
It is also worth highlighting important key levels, in case the decline continues, liquidity gathering below the lows and a false breakdown may also be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Comment:
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