#ETHUSDT | 14 DAYS IN THE SAME ZONE! ๐
๐ฅ $ETH has been consolidating within a relatively narrow range for about 14 days, while buyers and sellers continue to battle for control.
๐ This kind of compression can be significant: the longer the price stays within a range, the more closely a break of support or resistance deserves to be watched.
๐ข If it breaks above the range + volume: a new upward move could begin.
๐ด If it breaks below the range + volume: the likelihood of a correction would increase.
๐ฏ For now, patience. The key isnโt to guess the direction, but to wait for confirmation of the breakout.
โก After 14 days of consolidationโฆ
Is ETH building up energy for an explosion? ๐๐
Or preparing for a bearish breakout? ๐
๐ Whatโs your scenario for $ETH?
#ETH #Ethereum #BinanceSquare #Altcoins
๐ฅ $ETH has been consolidating within a relatively narrow range for about 14 days, while buyers and sellers continue to battle for control.
๐ This kind of compression can be significant: the longer the price stays within a range, the more closely a break of support or resistance deserves to be watched.
๐ข If it breaks above the range + volume: a new upward move could begin.
๐ด If it breaks below the range + volume: the likelihood of a correction would increase.
๐ฏ For now, patience. The key isnโt to guess the direction, but to wait for confirmation of the breakout.
โก After 14 days of consolidationโฆ
Is ETH building up energy for an explosion? ๐๐
Or preparing for a bearish breakout? ๐
๐ Whatโs your scenario for $ETH?
#ETH #Ethereum #BinanceSquare #Altcoins
