Daily Chart: Ethereum is forming a descending triangle, a pattern that historically offers a 70% probability of a breakout to the upside and a 30% chance of breaking downward. Traders should keep an eye on price movements near the triangle's boundaries for a potential breakout.
Weekly Chart: Ethereum/USDT recently touched a major support level and is approaching the 200-week EMA. Additionally, the RSI is at oversold levels, indicating a potential reversal or bounce in price as selling momentum weakens. These technical signals suggest that Ethereum could be gearing up for a significant move soon.
If you found this analysis helpful, please SUBSCRIBE ✍️ and SHARE🙏
Good look! 🚀
Weekly Chart: Ethereum/USDT recently touched a major support level and is approaching the 200-week EMA. Additionally, the RSI is at oversold levels, indicating a potential reversal or bounce in price as selling momentum weakens. These technical signals suggest that Ethereum could be gearing up for a significant move soon.
If you found this analysis helpful, please SUBSCRIBE ✍️ and SHARE🙏
Good look! 🚀
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.