ETH/USDT possible withdrawal from here? for BYBIT: ETHUSDT.P by SwallowPremium – Technische Analyze – 2023-01-11 10:55:04

Good morning guys

Let’s start today by analyzing ETH and first things from last time we got a nice 8% boost which broke the last triangle formation and got the price to form another formation. We are now in the upper line of the triangle formation on the 4 hour chart and we are seeing some signals from the candlestick action that there is a high chance of a reversal point at the current price.

So here we see that the next area to hedge would be the pink line near $1280 after what we see heading towards the lower line of the triangle formation (lower blue line). What do you guys think?

If you like ideas from our team, you can show us your support by liking and commenting.


Swallow Team 🔱

Not giving an opinion:
We are not financial advisors. The content we share on this website is for educational purposes and is our personal opinion.

Leave a Reply

Your email address will not be published. Required fields are marked *