ETHUSD is completing descending channel near strong trendline 🚀

12 Mar 2021

this post is actually some kind of educational post too .

we talked about Ethereum long term patterns before :

and

here , what we want to talk about is one of the most important time for opening long position with high reward on it ,as you can see these kinds of pattern is short-term weakness in uptrend that is good place for buyers that left behind or for those whom are using high leverage positions and short-term traders too

Notice :descending channels indicate short-term weakness, but an upside breakout is technical buy point

Target if pattern completed :
A.2050

in second long term scenarios that we shared first of post the needed falling if market doesn't have the power to grow is shown and targets shown too .

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