Ethereum "Broadening Bottom" Pattern

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Ethereum "Broadening Top" Pattern


Hourly (4H)Time Frame Analysis

A bullish reversal pattern is a broadening bottom. Two divergent lines that are horizontally symmetric form the pattern. As a result, it is a reverse symmetrical triangle. As a result, the oscillations between the two triangle terminals are becoming increasingly large.

Currently, Ethereum is in the range of $1175. If the pattern continues, the price of Ethereum might reach the resistance levels of $1350 .If the trend reverses, then the price of Ethereum may fall to $1150.

Entry Point Above 1215

Target 1350

Stop Loss 1150

Happy Trading
トレード稼働中
トレード稼働中
トレード稼働中
トレード稼働中
トレード終了: 利益確定目標に到達
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