ANALYSIS π
- ETHUSDT is printing an ascending channel.
- Price is retracing to the ascending channel support.
- The price retracement is resisted by a descending trendline resistance.
POSSIBLE PRICE ACTIONS ππ
- Uptrend continuation β¬οΈ: breakout above the descending trendline resistance.
- Correction β¬οΈ: breakdown below the ascending channel support.
TARGETS π―
- Uptrend continuation β¬οΈ: Horizontal resistance level (R1), ascending channel resistance.
- Correction β¬οΈ: Horizontal support levels (S1, S2).
- ETHUSDT is printing an ascending channel.
- Price is retracing to the ascending channel support.
- The price retracement is resisted by a descending trendline resistance.
POSSIBLE PRICE ACTIONS ππ
- Uptrend continuation β¬οΈ: breakout above the descending trendline resistance.
- Correction β¬οΈ: breakdown below the ascending channel support.
TARGETS π―
- Uptrend continuation β¬οΈ: Horizontal resistance level (R1), ascending channel resistance.
- Correction β¬οΈ: Horizontal support levels (S1, S2).