$ETH Analysis Updates (trading ideas)
ETH is the first super token to fall out of the locked-in range. The overall trend is currently down. But from the chart, it did not choose to fall all the way down, so there is still a chance of turning around.
But the buyers and sellers are in a battle again, and this time a triangle is formed. On the chart, I also marked the range where the ETH price struggle will occur in the next few days with two red triangles (ranging between about 2673 and 2380).
This period may be very exhausting. But in any case, any fight will have a result, or a short-term result, yes, up or down?
If the seller wins, then the price will fall out of the triangle, and the support price below is around 2018.
If the buyer wins, then the price will rush upward, and the short-term target can be seen to be around 2895 US dollars.
The results could take few days to show.
Hope my analysis can help your trading analysis.
Happy trading everyone.
chat soon.
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