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#ETH/USDT ANALYSIS

ETH is currently moving within the confines of a symmetrical triangle, poised for a potential breakout. A decisive breach of the symmetrical triangle would serve as a bullish confirmation, indicating a favorable upward trend. Conversely, a rejection would suggest the likelihood of continued consolidation within the triangle pattern.
#ETH/USDT ANALYSIS

ETH perfectly bounced after the successful retest of the ascending triangle. The Ichimoku cloud and the 100-day moving average (MA) are indicating a bullish trend. A continuation of the bullish rally is expected as long as it trades above the triangle.
#ETH/USDT ANALYSIS

ETH has recently broken out of the ascending triangle and is currently undergoing a retest above it. A successful retest would signify a potential upward trend. However, if the price retraces back inside the triangle, further movement is anticipated to occur within the confines of the triangle.
#ETH/USDT ANALYSIS

ETH has recently broken out of its ascending triangle. A successful retest above the triangle would confirm an upward trend. The MA 21 indicates bullish momentum, suggesting a potential continuation of the upward trend.

If the price fails to retest above the triangle, we may expect more movement inside the triangle.


@BitAssist
#ETH/USDT ANALYSIS

ETH is gaining momentum, finding support both from the horizontal and trendline. The MA 200 is currently posing as a resistance level. A breakthrough above the MA 200 would indicate a bullish trend, while a successful breakdown of the horizontal support suggests a potential downward movement.


@BitAssist