Hello, dear traders welcome you to this ETH/USDT 2HOUR chart analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello dear traders, If you find our charts helpful then support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
CHART ANALYSIS:
In my previous ETH post, I showed you that ETH is forming a triangle pattern and we found a breakout but it did not move according to the pattern. This is simply because everyone is talking about the same pattern and market makers never want more than 90% to be right, so they manipulate the price action. So we have to be extra cautious at this time.
Now coming to the chart. Eth is forming an ascending triangle pattern on the 2-hours time frame. The direction of the breakout will determine the next step for ethics. Our target is $2.5k if eth breaks this wedge (closes above $2.3k) or if eth breaks through this triangle (closes below $1.9k) we should target $1.5k
Let's wait for the breakout or breakdown then we will decide our next move.
What do you think about this?
Do you think we go to $2.5k or $1.5k from here?
Share your thoughts in the comment section.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
I have tried my best to bring the best possible outcome in this chart.
Hello dear traders, If you find our charts helpful then support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
CHART ANALYSIS:
In my previous ETH post, I showed you that ETH is forming a triangle pattern and we found a breakout but it did not move according to the pattern. This is simply because everyone is talking about the same pattern and market makers never want more than 90% to be right, so they manipulate the price action. So we have to be extra cautious at this time.
Now coming to the chart. Eth is forming an ascending triangle pattern on the 2-hours time frame. The direction of the breakout will determine the next step for ethics. Our target is $2.5k if eth breaks this wedge (closes above $2.3k) or if eth breaks through this triangle (closes below $1.9k) we should target $1.5k
Let's wait for the breakout or breakdown then we will decide our next move.
What do you think about this?
Do you think we go to $2.5k or $1.5k from here?
Share your thoughts in the comment section.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
