ETHUSDT buy sideway channel breakout 30p
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Overall, ETHUSDT has leveled off after the sharp decline. It is currently trading steadily above the $3,480 support and below the $3,530 resistance. Theoretically, the price range will regulate the trading that takes place between levels. In this scenario, it is likely that the market will correct.
From the 30-minute chart, price volume is still increasing but still limited to the box range (sideways). When you look closely, you can see the bottom of the candle getting higher and higher, which is completely reasonable with the bullish scenario. is gradually becoming stronger. In this scenario, if the bulls continue to follow that trend line, the buying story will continue.
Our take profit target is set at $3640, followed by a breakout towards the target at $3715. At the time of writing, the cryptocurrency market is trading steady around $3,517, marking a 0.32% gain on the day.
Overall, ETHUSDT has leveled off after the sharp decline. It is currently trading steadily above the $3,480 support and below the $3,530 resistance. Theoretically, the price range will regulate the trading that takes place between levels. In this scenario, it is likely that the market will correct.
From the 30-minute chart, price volume is still increasing but still limited to the box range (sideways). When you look closely, you can see the bottom of the candle getting higher and higher, which is completely reasonable with the bullish scenario. is gradually becoming stronger. In this scenario, if the bulls continue to follow that trend line, the buying story will continue.
Our take profit target is set at $3640, followed by a breakout towards the target at $3715. At the time of writing, the cryptocurrency market is trading steady around $3,517, marking a 0.32% gain on the day.
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