ETH is being compressed in a triangular pattern.
The floor of the triangle is the intersection of the static support 2470-2500 and the ceiling of the triangle is the intersection of the resistance 2800-2850.
Wait until one of these levels is broken to enter a better long position or shorts.
Important resistances after breaking the triangle roof:
3000-3050
3250-3400
Important supports after the triangle floor is broken:
2300-2350
2150-2200
In the previous analysis, the news that can affect the price of Bitcoin and the market trend is explained.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 16.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
The floor of the triangle is the intersection of the static support 2470-2500 and the ceiling of the triangle is the intersection of the resistance 2800-2850.
Wait until one of these levels is broken to enter a better long position or shorts.
Important resistances after breaking the triangle roof:
3000-3050
3250-3400
Important supports after the triangle floor is broken:
2300-2350
2150-2200
In the previous analysis, the news that can affect the price of Bitcoin and the market trend is explained.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 16.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
Comment:
ETH successfully breaks resistance. Now im waiting for pullback to green support and see price action. If i see reversal candlestick pattern my long position will be active
