ETH Double Bottom Delivered: Entering a New Trading Range! 🎯
The textbook "Double Bottom → Neckline → Measured Target" playbook for Ethereum is now officially complete.
Technical Highlights:
Target Reached: After validating the double bottom pattern, $ETHsustained momentum above $2,380and established a firm footing.
New Price Territory: $ETHhas established a new operational range between $2,380– $2,650.Volatility Shift: With implied volatility (DVOL) elevated around 59%, direction-directional breakout trading carries lower risk-adjusted value compared to time-decay strategies within this defined channel.
Monitor the $2,380support floor closely; holding this zone keeps the broader bullish structure intact.
$ETH
#ETHETFsApproved #ETH #ETH🔥🔥🔥🔥🔥🔥 #ETHFI #Ethereum
The textbook "Double Bottom → Neckline → Measured Target" playbook for Ethereum is now officially complete.
Technical Highlights:
Target Reached: After validating the double bottom pattern, $ETHsustained momentum above $2,380and established a firm footing.
New Price Territory: $ETHhas established a new operational range between $2,380– $2,650.Volatility Shift: With implied volatility (DVOL) elevated around 59%, direction-directional breakout trading carries lower risk-adjusted value compared to time-decay strategies within this defined channel.
Monitor the $2,380support floor closely; holding this zone keeps the broader bullish structure intact.
$ETH
#ETHETFsApproved #ETH #ETH🔥🔥🔥🔥🔥🔥 #ETHFI #Ethereum
