Technical analysis of the Ethereum (ETH) currency - Are we on the verge of a new breakout?
At this moment, the price of Ethereum is moving near a strong support zone at [insert current price] dollars, after a healthy correction wave from the last high. We are observing the formation of a symmetrical triangle pattern on the 4-hour time frame, which suggests a possible price explosion in the coming days.
Technical indicators:
The RSI is trading near the 50 level, indicating market neutrality awaiting a catalyst.
The MACD shows a possible positive crossover, which could support a bullish movement soon.
Strong support levels: [insert support levels]