After a two-month consolidation, the (Ethereum)ETH traders escaped the symmetrical triangle pattern with a bullish breakout. Outperforming the largest cryptocurrency, Bitcoin, the ETH/USDT pair has rallied 16.5% this week. However, the buyers need to pass through a retest phase before they expect any follow-up rally.
Pagrindiniai klausimai:
- The ETH chart shows an evening star pattern at $3000 resistance.
- The ETH price surpasses the 50 DMA
- Ether dienos prekybos apimtis yra 12.3 milijardai USD, o tai rodo 16.48% nuostolį.
Šaltinis- Tradingview
The six consecutive green candles from the $2500 local support drove the Eterio kaina to the $3000 mark. On March 17th, the bullish rally breached the resistance trendline of the continuation pattern, signaling a further recovery in price.
However, the altcoin forming a bearish evening star candle at $3000 resistance suggests the sellers continue to defend this level. However, the follow-up reversal would retest the breached resistance($2750) to confirm an honest breakout,
If buyers sustain above the $2750 level, the potential rally could pierce the $3000 resistance and hit the $3400 mark.
Contrary to the bullish thesis, if sellers slip the altcoin below the descending trendline, the range-bound rally would likely continue for a few more sessions.
Šiuo metu ETH kaina trades at $2852, indicating an intraday loss of 3.33%
Techninis rodiklis
The daily-Relative Strength Index indicator surpassed its previous swing high resistance(55%) and rallied to the 60% mark. The RSI slope holds above the equilibrium during the retest phase maintains a bullish bias.
The 50 DMA line will assist buyers to sustain above the $2750 mark. However, the overall trend remains bearish as ETH price trade below the 100 and 200 DMA.
- Atsparumo lygiai - 3000 USD ir 3400 USD
- Paramos lygiai yra 2741 ir 2500 USD
Atsakomybės neigimas
Pateiktame turinyje gali būti asmeninė autoriaus nuomonė ir jis priklauso nuo rinkos sąlygų. Prieš investuodami į kriptovaliutas, atlikite rinkos tyrimus. Autorius ar leidinys neprisiima jokios atsakomybės už jūsų asmeninius finansinius nuostolius.
apie Autorius
Source: https://coingape.com/markets/ethereum-price-analysis-bullish-breakout-from-triangle-pattern-sets-sails-beyond-3000/