I hope you doing well ; in this idea I want to give you a very good and exciting news about ETH and also I would try to make this idea brief but very useful 🔥👇 :
As you can see on the chart, ETH is forming a large ascending triangle, which is considered a bullish pattern. However, this pattern is on the weekly chart. The good news is that when this pattern breaks, we could anticipate a significant ETH and altcoin season, which I believe would be a life-changing opportunity for you all.
Now let's analyze the daily chart to identify potential entry points for long or short positions. Who knows, we might find a great opportunity!
As you can see in the chart above, if ETH breaks through the orange resistance line, we could consider entering a long trade with a risk/reward ratio of around 1.5, which I believe is an acceptable level for initiating a trade .
🙏🔥 Don't forget to follow me on X. You can find the links in my bio and below this idea 🙏🔥
and also always remember : 👇
🐺 Discipline is rarely enjoyable , But almost always profitable 🐺 .
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.