🚨#ETHETFS may be the catapult that takes $ETH to a new high in this bull season 🔥
In the image we can see how a bearish pattern was forming at $ETH 👀
But this bearish pattern is running out of steam as we can see, since in the end it stops its fall and begins to violate the top of the triangle 👈
This pattern is an indicator of continuation of a previous trend, and as we can see in the image, the movement prior to the triangle was a strong rise 😍
Now, with liquidity accumulated throughout this moment, we can expect another bullish movement, and if everything goes well, we can go looking for a new maximum this season near 4k for $ETH
You can trade it from the chart below, but always remember to trade responsibly and using stop losses to avoid unnecessary losses.
See you in the next TRADER analysis!💪💵