đź‘‹Hello everyone, what do you think about the trend of 
ETHUSDT ?
Previously, I expected ETHUSDT to form a flag pattern and break out of the price channel. However, the buying momentum was not strong enough, and ETHUSDT pulled back when it encountered the upper boundary of the channel.
Looking at the technical outlook, as of the time of writing, ETHUSDT has broken out of the short-term ascending channel and has also broken the support level. The current trend is leaning towards the Sell side, and considering some short positions with a target at the lower boundary (TP3) might be an option.
đź’¬What about you? What do you think about the trend of ETHUSDT? Will it reverse? Leave your thoughts in the comments!
ETHUSDT ?Previously, I expected ETHUSDT to form a flag pattern and break out of the price channel. However, the buying momentum was not strong enough, and ETHUSDT pulled back when it encountered the upper boundary of the channel.
Looking at the technical outlook, as of the time of writing, ETHUSDT has broken out of the short-term ascending channel and has also broken the support level. The current trend is leaning towards the Sell side, and considering some short positions with a target at the lower boundary (TP3) might be an option.
đź’¬What about you? What do you think about the trend of ETHUSDT? Will it reverse? Leave your thoughts in the comments!
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✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
âś… Fast updates, accurate alerts
âś… Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
âś… Fast updates, accurate alerts
âś… Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
Related publications
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.