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Etherum is facing a resistance which can make it fall to $2400 or rise to $4000.
As seen on the chart, Etherum just completed it's Double bottom (W pattern) race with a breakout and a pullback above the supply zone.
A break above the current resistance zone takes Etherum to $4000.
But if price is unable to break this supply zone, then a double top (M pattern) comes in play to make price fall to $2400.
What do you think?
Share your opinion in the comment sectionāļø
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Happy Tradingš°š„³š¤
Etherum is facing a resistance which can make it fall to $2400 or rise to $4000.
As seen on the chart, Etherum just completed it's Double bottom (W pattern) race with a breakout and a pullback above the supply zone.
A break above the current resistance zone takes Etherum to $4000.
But if price is unable to break this supply zone, then a double top (M pattern) comes in play to make price fall to $2400.
What do you think?
Share your opinion in the comment sectionāļø
Follow me to receive more updates on ETHERUM (ETHUSDT) š¤
Happy Tradingš°š„³š¤
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We are successfully out of the supply zone. Resistance has turned support. This is a clear signal to go long to $4000š
