Ethereum - BIG players make traps, but we know what to do. 🤯

Ethereum rose 40% from its bottom in just one week.
The price broke the local top at $2,400, but it was a false break, after which the price corrected by 11%. The trendline formation is now clearly visible on the chart, Ethereum is approaching the local top again, at the same time we see traps, we can assume that the big players are trying to take out the sellers before going down.

If Ethereum makes a quick jump up, renews the local high, an additional good signal would be increased volume and then a false breakout, this would be a good selling opportunity.

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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:

✅#Ethereum, Triangle break out pattern. 2 scenarios.

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03:20

#analysis #forecast #ETH

Trade closed: target reached: