ETH/BTC bearish: Important zones to accumulate ETH!!
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Let's analyse ETH/BTC here.
A bearish trend for ETH/BTC, with a breakdown from a triangle pattern and a potential for further declines.
Key Observations:
Triangle Breakdown: The price has broken below a triangle formation, indicating a potential downtrend.
Lack of Demand: Ethereum is currently facing a lack of buying interest.
Support Levels: If the price doesn't rebound from recent lows, a more significant drop could occur.
Potential Strategy:
Accumulation: Consider accumulating ETH if it rebounds from these support levels.
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyse ETH/BTC here.
A bearish trend for ETH/BTC, with a breakdown from a triangle pattern and a potential for further declines.
Key Observations:
Triangle Breakdown: The price has broken below a triangle formation, indicating a potential downtrend.
Lack of Demand: Ethereum is currently facing a lack of buying interest.
Support Levels: If the price doesn't rebound from recent lows, a more significant drop could occur.
Potential Strategy:
Accumulation: Consider accumulating ETH if it rebounds from these support levels.
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
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