ETHBTC trade opportunity
ETHBTC has broken down from a mega bullish pennant structure, warranting cautious trading. Within this structure, a potential descending channel is forming, with price adhering to it in a corrective movement.
An accumulation zone has been identified on the chart, presenting a potentially optimal area for loading Ethereum. This view is primarily for holders, with a specific target marked on the chart.
Note that the descending channel could offer opportunities for strategic entries. However, always manage risk appropriately given the current market conditions.
Share your thoughts on this analysis in the comments. Your feedback is valuable
An accumulation zone has been identified on the chart, presenting a potentially optimal area for loading Ethereum. This view is primarily for holders, with a specific target marked on the chart.
Note that the descending channel could offer opportunities for strategic entries. However, always manage risk appropriately given the current market conditions.
Share your thoughts on this analysis in the comments. Your feedback is valuable
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Telegram: t.me/+m0IACMn0ul03OTFk
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