#ETH: Follow the Price Breakout for Trading Direction
Ethereum continues to develop in a complex way after #BTC reached a new all-time high near 93K.
ETH has not taken a clear direction since completing a bearish Head & Shoulders pattern.
Currently, we can see another contracting triangle pattern, which suggests the price has a higher likelihood of moving down. However, to keep all trading possibilities open and maintain an open mind, I have outlined both scenarios.
The breakout from the triangle will indicate the new price direction, as shown on the chart.
#Crypto is at the cusp of adoption, should you wait until you feel itâs safe to buyYouâll rarely buy the bottom, and when you first buy price might move against you for a bit before moving higher, or it might move higher right after.
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Main Points
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⢠Nothing changes on BTC scenarios and it's still hanging around the resistance zone of 91.4k-93.1k.
⢠Should it face rejection from that area, we may observe its movement towards the 86.3k zone once more. However, if it breaks out, we are on the verge of witnessing another all-time high and potentially reaching the psychological level of 100k.
#ETH $ETH : Follow the Price Breakout for Trading Direction
Ethereum continues to develop in a complex way after BTC reached a new all-time high near 93K.
ETH has not taken a clear direction since completing a bearish Head & Shoulders pattern.
Currently, we can see another contracting triangle pattern, which suggests the price has a higher likelihood of moving down. However, to keep all trading possibilities open and maintain an open mind, I have outlined both scenarios.
The breakout from the triangle will indicate the new price direction, as shown on the chart.
$CFX Â Â Â Â Â Â Â Â Â Â 0.17-0.22Â Â 20x+ $TRU Â Â Â Â Â Â Â Â Â Â 0.07-0.1Â Â Â Â 20x+ $JUP Â Â Â Â Â Â Â Â Â Â 0.7-1.0Â Â Â Â Â Â Â 20x+ $WOOÂ Â Â Â Â Â Â Â 0.2-0.3Â Â Â Â Â Â Â 20x+ $XAIÂ Â Â Â Â Â Â Â Â Â Â 0.3-0.5Â Â Â Â Â Â Â 20x+
Buy in 3 parts in dip in buy zone..Don't FOMO #DCA...Â
Soon more 15+ Gem (30-100x) will be there.. Gonna drop soon will detail analysis.
Level given for $BTC #BTC tomorrow was hit and the target was achieved. Anyone who took the trade must have made a profit.đ
Right now BTC is trading in a range so it's best to wait for a breakout. Also take small risk because it's the weekend and there might be less volume..