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ETHUSDT 1DHi everyone Ether may face a severe barrier at its highest level at $ 4369, which is parallel to the middle boundary of this channel Given the strength of these two important models, any reduction in the price of ether, even in the event of high sales pressure, will not be significant If the ether price can not stay above the support levels, the bullish outlook may disappear altogether, forcing the ether to fall below $ 3137 If the price is supported and the patterns are followed, the price target can be 6365
by shayanfb
2
BTC Update! Bulls get their breakout! Can they follow through?Last chart I was watching the potential of an inverse head and shoulders on 4 hour chart and expecting a break by today if the bulls were going to make it happen. Pattern didn't play out perfectly as it drug out a bit sideways but the bulls finally got some volume and their next leg up. So checking back in on daily chart here, we have our higher low at $10,761 established and now a higher high compared to our high to beat which was $12,064. So bulls have regained short term control here and seeking further follow through. I remain comfortably in my latest positions and would consider scaling out a small portion if bulls give another leg up tonight or tomorrow but overall am happy with these buys and considering a longer term swing position for them. But lets be patient, see what this week brings and if bulls can get further follow through and start to push back up towards our high of 2019 and get us over $14k! Congrats to the bulls as this pullback from the high certainly required some patience to re-establish trade positions but overall we got what we have been seeking the past several charts. Just My 2 Sats!
COINBASE:BTCUSD
by My2Sats