Symmetrical triangle in the 2H chart, increase in volume confirm that the increasing blue line is a strong support zone. If the price goes below the ascending blue line we should see a drop in price to the 3,500 - 3,300 price zone. Price going sideways is expected in the following hours. The decreasing blue line below the triangle is also a good support line.
Also, I'm aware of the head and shoulder pattern, but I saw that pattern when ETH was in the 3,500 - 3,200, and what happens? Price went up to 4,300. Stay vigilant for breakouts in the Symmetrical triangle.
Please like and follow if you like my idea, comment any idea or concern you may have. Thank you!.
Also, I'm aware of the head and shoulder pattern, but I saw that pattern when ETH was in the 3,500 - 3,200, and what happens? Price went up to 4,300. Stay vigilant for breakouts in the Symmetrical triangle.
Please like and follow if you like my idea, comment any idea or concern you may have. Thank you!.