ETH is forming two local bullish patterns within a global descending corridor, which could later develop into a bullish flag pattern
Current price: $4,329
If both patterns are broken, as their upper borders are at the same level, a price breakout to $4,389, $4,460, and $4,555 is likely
The price could also fall to $4,159 and $3,939 within these patterns
If the second lower border is broken, both patterns will be broken, and the price could go lower
Current price: $4,329
If both patterns are broken, as their upper borders are at the same level, a price breakout to $4,389, $4,460, and $4,555 is likely
The price could also fall to $4,159 and $3,939 within these patterns
If the second lower border is broken, both patterns will be broken, and the price could go lower
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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.
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.