$ETH demonstrates a typical growth pattern

Let's take a look at how the coin moves on a 1 hour timeframe. I want you to learn how to see a common type of upward movement in the market using this chart as an example:

1️⃣ on May 9, the chart began to show a "squeeze" pattern in a bullish cup-and-handle pattern under the ~$2,420 mirror level. This level was broken and the price went higher.

2️⃣ Having reached the next mirror level, the mark ~$2,580, there was a new stop. During it the previous level of ~$2,420 was tested from above. Also, a "bull flag" trend continuation pattern was formed, on which the growth occurred on May 13.

3️⃣ After a new peak, the price stops again. It has now pulled back to the previous mirror level at ~$2,580, which was resistance. If a new bullish pattern is formed here, which is extremely likely, the most logical solution is to enter a long position.

Such growth usually takes place on timeframes of 1 hour and 4 hours. It is best to work out these situations on them ☝️.