Ethereum is first coin of the week, with price trying to breakout from triangle formation and 100EMA at the same time.
As we are monitoring each daily candle closing and opening price, we are looking for possible further movement to upper zones here if we manage to secure that zone right now.
If we fail to secure and result in a fakeout zone, then we will see very deep downward movement (as price is at the end phase of triangle formation / pressure is high).
Swallow Team
As we are monitoring each daily candle closing and opening price, we are looking for possible further movement to upper zones here if we manage to secure that zone right now.
If we fail to secure and result in a fakeout zone, then we will see very deep downward movement (as price is at the end phase of triangle formation / pressure is high).
Swallow Team
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⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/SwallowCryptoTeam
After a nice breakout price had pretty big candle here where it got stopped just at our second target zone. From there, we will now be looking for a potential correction to happen.