As you can see on the chart, ETH is consolidating and for the last move, starting from the 60% retracement of the last stage, now the price is at the top of the range, in my opinion, this pattern occurs when the price wants to break the area.
But I don’t act on my prediction, so I wait for a breakout, and then you can take a long position up to the green zone (as a target).
Always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
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