#ETH Some Probability & Random Distribution!

19 окт. 2022 г.

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#ETH(Update)

#ETH is trading inside this descending channel, as long as ETH trades inside the descending channel till that ETH will keep falling, To change the trend reversal ETH needs to break out of this channel.

This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.

Thank you

19 окт. 2022 г.

Заметка

In a shorter time frame, ETH makes this symmetrical triangle pattern which is a semi-bullish and semi-bearish pattern, To conform any move we need a breakout or breakdown of this pattern
so it's better to wait for the confirmation

20 окт. 2022 г.

Заметка

ETH is making this descending triangle pattern which is a bearish pattern currently bouncing from the support of $1270 so we may see a bounce back towards the upper resistance of this pattern which is around $1320 but unless we see a Breakout above the $1320 with conformation, the bullish move will still remain pending but in case if it did a break down according to the patter then we can see almost 15% drop according to the pattern.