JUST IN: The EU will pause trade countermeasures against the US for six months.
Bitcoin is rebounding from the support trendline of the descending channel and is now attempting to break above the 100MA, which is acting as a resistance barrier.
A successful breakout above both the 100MA and the channel could trigger a strong bullish rally in the market.
#crypto #cryptozinger #pakistan #cryptopakistan #rizwan@cryptozingerpakistan
A successful breakout above both the 100MA and the channel could trigger a strong bullish rally in the market.
#crypto #cryptozinger #pakistan #cryptopakistan #rizwan@cryptozingerpakistan
#ETHUSDT UPDATE:
#Ethereum is now trading around $4335. #Ethereum already broke down an inverse cup and handle pattern on the 4-hour timeframe. Now it's retesting the neckline of the pattern after the breakdown. So the possible scenario is that after a successful retest, we may see a short-term bearish momentum in Ethereum. Otherwise, if the price pumps and breaks above the neckline, then the breakdown will be considered invalid. Keep an eye on it🌟
#Ethereum is now trading around $4335. #Ethereum already broke down an inverse cup and handle pattern on the 4-hour timeframe. Now it's retesting the neckline of the pattern after the breakdown. So the possible scenario is that after a successful retest, we may see a short-term bearish momentum in Ethereum. Otherwise, if the price pumps and breaks above the neckline, then the breakdown will be considered invalid. Keep an eye on it🌟