Ethereum has finally reached the support zone we’ve been watching since last week.
Now that the price is in that zone, we’re anticipating a potential bounce, which has been playing out well so far. If buyers manage to secure this area, we should see a nice recovery towards the EMAs. However, if they fail, the price could gradually break below the support, leading to a broken double bottom pattern, which typically triggers a strong downward selloff
Swallow Team
Now that the price is in that zone, we’re anticipating a potential bounce, which has been playing out well so far. If buyers manage to secure this area, we should see a nice recovery towards the EMAs. However, if they fail, the price could gradually break below the support, leading to a broken double bottom pattern, which typically triggers a strong downward selloff
Swallow Team
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.