📊#ETH descending triangle? ❓

🧠There are many contradictions here at present. From the perspective of the graph, there is a chance to form a descending triangle here, with the expectation of further decline, which is also regarded as the last decline. If this scenario occurs, then we can look for long trading opportunities near the previous low.

➡️But it will not necessarily fall, because there is a long structure of the same cycle at the 15m level, and we may continue this structure to rise.

➡️Since there are sufficient reasons for both rising and falling, it will cause contradictions in trading, so we can only wait patiently for the contradiction to be broken before participating in new transactions.

Let's see👀

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📊#ETH reaches the target zone ✔️

🧠From a structural perspective, the goals of the double bottom long structure have all been achieved, and the goals of the ascending triangle have all been achieved, so we need to be wary of the expectation of a pullback.

➡️Although the goals have all been achieved, it is a pity that our long orders were swept after setting the breakeven. This is how trading works. When you reduce risk, it means reducing future profit margins, but such good habits can keep you alive for a long time.

➡️If there is a pullback, the short-term support levels worth paying attention to are 3322 and 3394.

⚠️If we consolidate horizontally, then we need to pay attention to the breakthrough opportunities after the price is compressed to the limit.

Let's see👀

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#Wolf_king88 $ETH