4 potential stops for ETH on the way back down.
The first 2 are still bullish for creating a new ATH this market cycle.
The lower 2 would seem to indicate we have reached the market top already for this cycle and would head toward a bear market.
Hello dear traders
if the Ethereum manages to breaks the static resistance zone
and the top line of the triangle then it can rice and break
the top line of the long-term channel.
but if it manages to breaks the bottom line of the triangle
it can fall to the previous ceiling and then fall to the support zone.
Ethereum has been stronger than the rest of the market for a long time but was never able to break the key level of $3345. However, we can see that the price has broken the trend line, which was strong support. It is now resistance, and if the price tests the trend line as resistance, it would be a good opportunity to sell. Be careful, it could be a trap. There is...
Ethereum keeps bouncing off of this bullish channel.
I believe we will see a break from it soon, however it should bounce off support.
I'd wait to see a confirmation in case it does break out of the support.
Iman hastam ba yeki dg az tahlil haye khodam umadam ke in tahlile sud avar ro ba shoma ham dar miun bzaram
TELUSDT dar hale hazer khodesh ro be khate hemayati resunde va alave bar in dar mahdudeye besiar moheme moghavemati hemayati ham hast
in mahdude baraye TELUSDT besiar moheme chera ke dar time frame 1D ham mitunim in nahie ro b...
As you all know, BEL is not performing well from last 2 months and according to the Chart patterns, Ascending Channel is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
Market/ BTC CRASH
Happy Trading :)
If you like my idea, please...