SwallowPremium

ETH/USDT Possible pullback from here?

Short
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
Good morning fellas

Let's start the day with ETH analysis and first things first from last time we had a nice 8% push which broke the last triangle formation and led the price to form another one. We are currently at the upper line of triangle formation on 4hr chart and we see some signs from candle movement, that there is a hight possibility of turnover point at current price.

So we see here that next zone which should be secured going to be that pink line near $1280 after what we see the price to go for that lower line of triangle formation (lower blue line). What do you think guys?

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

Yours Sincerely,

Swallow Team 🔱


Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.

🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades

Join our amazing team and be part of something bigger.
FREE: t.me/SwallowCryptoTeam
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.