Ethusdt Analysis
Ethereum - perfectly trading inside falling wedge pattern inside bull flag , breaking above falling wedge channel means we will go straight to 3700$ range.
Also it can also push higher to 3900$ to liquidate many short positions.
Break above bull flag (yellow line) means it will break ATH soon for that ETHBTC pair should also pump and in order for that to happen, BTC dominance should break down.
Green box - good buy zone in spot.
Red box - good sell zone (fine for intra day/ swing trades - not to sell immediately)
Long term Target for ethereum 7500$- 8000$ range.
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Also it can also push higher to 3900$ to liquidate many short positions.
Break above bull flag (yellow line) means it will break ATH soon for that ETHBTC pair should also pump and in order for that to happen, BTC dominance should break down.
Green box - good buy zone in spot.
Red box - good sell zone (fine for intra day/ swing trades - not to sell immediately)
Long term Target for ethereum 7500$- 8000$ range.
Please do follow me, if you like my content.
DYOR
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