Ethereum formed an uptrend triangle during the move between the uptrend line and the lower boundary of the resistance zone.
Volatility decreased, as did trading volumes, which often happens when a pattern breaks.
Within the current movement, corrections often ended in a bullish takeover.
The price is testing 200MA as support (1H TF)
I expect growth if ETH can consolidate above the lower boundary of the resistance zone.
Volatility decreased, as did trading volumes, which often happens when a pattern breaks.
Within the current movement, corrections often ended in a bullish takeover.
The price is testing 200MA as support (1H TF)
I expect growth if ETH can consolidate above the lower boundary of the resistance zone.
