$ETH is deciding its next big move. What to watch
ETH is trading at 2,436.09, up 0.8% in the last 24 hours.
The trend is up and every dip keeps getting bought.
The chart is squeezing into a ascending triangle; these usually end with a sharp move.
The simple picture:
If it breaks and holds above 2,441.50, buyers win and higher prices are likely.
If it falls below 2,404.55, sellers win and lower prices are likely.
Until one of those happens, doing nothing is a completely fine strategy.
Trade ETH: spot https://www.binance.com/en/trade/ETH_USDT | futures https://www.binance.com/en/futures/ETHUSDT
$ETH #ETH #Write2Earn #BitcoinStrongestWeekSinceMarch2023 #Crypto
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
ETH is trading at 2,436.09, up 0.8% in the last 24 hours.
The trend is up and every dip keeps getting bought.
The chart is squeezing into a ascending triangle; these usually end with a sharp move.
The simple picture:
If it breaks and holds above 2,441.50, buyers win and higher prices are likely.
If it falls below 2,404.55, sellers win and lower prices are likely.
Until one of those happens, doing nothing is a completely fine strategy.
Trade ETH: spot https://www.binance.com/en/trade/ETH_USDT | futures https://www.binance.com/en/futures/ETHUSDT
$ETH #ETH #Write2Earn #BitcoinStrongestWeekSinceMarch2023 #Crypto
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.