Ethereum ETH/USDT
& BTC/USDT
Ethereum has officially broken out of the falling wedge pattern on the daily chart, as anticipated in my previous analysis.
This breakout is clearly visible in the chart and marks a potential trend reversal after a prolonged downtrend.
Those who followed the entry plan around the $1,870 level are already in profit.
The breakout is accompanied by a strong bullish candle, closing above the wedge, indicating significant buying momentum.
Our next target is the all-time high, but it's important to stay patient ,such macro moves take time. On the daily timeframe, progress may unfold over several weeks or even months.
As discussed earlier, Bitcoin also broke out from its symmetrical triangle, a move I predicted a month ago, and it's now following through exactly as expected.
Many traders seek overnight gains, but true wealth in trading often comes from holding strong positions based on long-term technical setups. One well-planned trade, held patiently, can yield the kind of return equivalent to a full month’s salary. Stay focused, trust the analysis, and let time do its work.
