LONG #ETHUSDT from $1 597.78 stop loss $1 594.54 $ETH
30m TF. The ETH instrument showed a local preload, where the lows of the price gradually increased, forming a figure known as an “ascending triangle". This usually indicates the presence of a major participant in the coin. At the same time, there is a cascade of support levels that were tested with a few touches when participants opened positions from this level and accumulated their stop losses behind them. I expect to see a gradual approach to the level with an increase in trading volumes and activity in the order book before the breakdown.
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