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Welcome to this quick ETH update.
ETH is trading in a range ascending triangle And the triangle is compressing, so we will see a big move soon. The question now is what is the direction of this big movement (up and down)?
So far, ETH is still trading inside the triangle, so we need a breakout or breakdown for a clear direction for this move. If the triangle breaks, we can see ETH at $1,500-$1,600, and if the triangle breaks, we can see another retest of $1,000.
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ETHUSDT by CoreCrypto1
– Technical Analysis – 2022-12-11 08:55:57 – coinphone [SV]