ETH, Up or down? look
Daily Time: The price is in a triangle pattern.
We have two views:
1. A bullish view that with the breaking of the upward triangle can move towards the targets of 1600, 1750 and 2000. (according to the movement we drew)
2. A bearish view that can touch the 1000, 900 and 800 targets by breaking the downward triangle. (According to the movement we drew)
Important: Because the triangle is formed in a downward trend, the possibility of falling and decreasing the price is more likely, and this triangle is likely to be broken downwards.
We have two views:
1. A bullish view that with the breaking of the upward triangle can move towards the targets of 1600, 1750 and 2000. (according to the movement we drew)
2. A bearish view that can touch the 1000, 900 and 800 targets by breaking the downward triangle. (According to the movement we drew)
Important: Because the triangle is formed in a downward trend, the possibility of falling and decreasing the price is more likely, and this triangle is likely to be broken downwards.
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