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#Ethereum Symmetrical Triangle Analysis $ETH

#ETH is currently forming a symmetrical triangle, presenting a potential breakout or breakdown scenario.

A successful breakout above the $2340 level indicates a bullish trend till $3000 Target.

But

Conversely, a breakdown below the symmetrical triangle support at $2200 suggests a bearish trend And Traders should be prepared for a potential retest of the $1500 level in this scenario.

- Avoid Blind Trades:

- Trade with confirmed signals.

- Utilize technical analysis for precision.

#Cryptocurrency #TechnicalAnalysis

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December 23, 2023 at 2:40 PM

Twitter@CryptoPatel|14:21 PM - Dec 23, 2023
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Crypto Patel

@CryptoPatel

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