ETH Price moves in the Triangle
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Since the price is below the resistance level $ 170, it is likely to go to the lower boundary of the triangle.
If the price breaks the lower boundary of the triangle, the decrease will continue to the resistance level $ 153.
For growth, buyers need to fix the price above the lower boundary of the triangle, and then fix the price above the local resistance level $ 173, as there will be a collection of shorts stops. Then the price will rise to the level of resistance $ 178.
You can buy and sell in buying and selling zones.
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Since the price is below the resistance level $ 170, it is likely to go to the lower boundary of the triangle.
If the price breaks the lower boundary of the triangle, the decrease will continue to the resistance level $ 153.
For growth, buyers need to fix the price above the lower boundary of the triangle, and then fix the price above the local resistance level $ 173, as there will be a collection of shorts stops. Then the price will rise to the level of resistance $ 178.
You can buy and sell in buying and selling zones.
_________________________________________
This analysis and more in our Telegram channel.
Also, don't forget to visit our profile.
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