Spriter35

Spriter35

Ethereum is poised to reach $3050 despite the presence of a bearish chart pattern known as a "bearish flag pattern," typically indicating a continuation of the prevailing downtrend. This pattern forms when the price experiences a sharp downward move, followed by a consolidation phase marked by a flag-shaped pattern with parallel trend lines sloping upward.

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Bitcoin could touch $88,000 due to the emergence of a bullish chart pattern called a "bullish flag," often interpreted as a sign of continuation of the existing uptrend. This pattern typically forms after a strong upward move when the market consolidates within a triangular pattern, with converging support and resistance lines.

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The Bitcoin could reach $50,000 due to the emergence of a chart pattern called "double top," typically seen as a bearish reversal signal. This pattern forms when the price hits a peak, retreats, then returns to that same level to form a second similar peak before declining.