您现在的位置是:Ethereum forms two bullish flag patterns. Both patterns’ measured moves indicate a new yearly high. >>正文
Ethereum forms two bullish flag patterns. Both patterns’ measured moves indicate a new yearly high.
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛92988人已围观
简介Ethereum forms two bullish flag patternsBoth patterns’ measured moves indicate a new yearly hi...
- Ethereum forms two bullish flag patterns
- Both patterns’ measured moves indicate a new yearly high
- A move to $2600 would confirm the biggest bullish flag
The cryptocurrency market remains resilient despite the ongoing scandals that affect the industry. Investors still believe in the leading cryptocurrency’s potential; as such, Bitcoin, Ethereum, and other coins trade close to their 2023 high.
Bitcoin made a new high for the year recently, but Ethereum did not. Hence, if Bitcoin is leading, then Ethereum should follow.
Interestingly, the technical analysis shows two bullish flag patterns. They both point to new highs for the year; any downside movement should be taken with a grain of salt.
Ethereum chart by TradingView
$2,000 offers stiff resistance
The market failed at the $2,000 level recently. Even though it made a new high for the year, the bears sold the round level, and the price quickly fell to $1,600.
But in doing so, it did not break the higher lows series. Also, two bullish flag patterns are visible, with measured moves above $2,000.
The biggest pattern, seen in black above, points to a move to $2,600. The smallest one, to a move to $2,200.
In both cases, it means that Ethereum will make a new high for the year, and the bias remains bullish as long as the price action holds above $1,600.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/961885.html
相关文章
BTC is still struggling to move past the $24k resistance level
Ethereum forms two bullish flag patterns. Both patterns’ measured moves indicate a new yearly high.The cryptocurrency market has continued its positive start to the week despite some coins and tokens...
阅读更多
MonkeyLeague partners with BAYZ for quality esport soccer games
Ethereum forms two bullish flag patterns. Both patterns’ measured moves indicate a new yearly high.MonkeyLeague, a play-to-earn Web3 soccer game launched on the Solana blockchain, has announced its p...
阅读更多
Synthetix price prediction: Here’s why SNX just soared to $4
Ethereum forms two bullish flag patterns. Both patterns’ measured moves indicate a new yearly high.Synthetix price continued soaring on Thursday as demand for DeFi tokens surged. SNX, its ecosystem t...
阅读更多
热门文章
- DOJ’s New Guidance Has Crypto Community Up In Arms
- Stellar (XLM) sees sharp rebound in recent days
- The Surge Inf Metamask Users Is Thanks To The DeFi Market
- Chainlink spikes 12%: analyst points to what could happen next for LINK
- Ethereum 2.0 Developer Says Time To End Testing And Launch
- Decentraland (MANA) looks set for an impressive bullish uptrend