ethereum:native


EN:
ETH wicked up to 1897.31 $. However, since it has not closed 3 consecutive 4h candles above 1888.68 $, the Harmonic Pattern remains valid.
The downside targets of the Harmonic Pattern are 1750.16 $ and 1658.74 $.
On the other hand, the Symmetrical Triangle pattern is still active. If ETH continues moving higher without a pullback, the target remains 2030.11 $.
ETH has also closed a daily candle above the 1820.82 $ level.
From the very bottom, I have been expecting ETH to eventually reach the 2227 $ - 2250 $ range. This is the key area to watch. If the price fails to break above this zone, I expect a deep correction to begin. However, if it successfully breaks through, I believe the main bullish trend will start.
I don't share all of my analyses here. If you'd like access to my other analyses, feel free to send me a DM.
The analyses I share here do not constitute investment advice under any circumstances.
#ETH #Ethereum #Crypto #Crypto #Trading
ETH2.65%
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