$ETH Technical Image:
A bullish triangle is forming on the chart — a potential reversal figure. The price has already bounced from the lower limit of the triangle.
Hasan patowary
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Bullish
$ETH Technical Image:
A bullish triangle is forming on the chart — a potential reversal figure. The price has already bounced from the lower limit of the triangle. This increases the likelihood of an upward movement upon breaking the upper limit of the figure...
• RSI Indicator: at the level of 37.57, near the oversold zone → possible upward momentum.
• Volumes: a high volume is observed in the candles near the bottom — a sign of possible accumulation......
• Sentiment Indicator: 84.29% of market participants are positive, and the Fear and Greed index = 82.09 (greed) — this confirms the bullish sentiment in the short term..
A bullish triangle is forming on the chart — a potential reversal figure. The price has already bounced from the lower limit of the triangle. This increases the likelihood of an upward movement upon breaking the upper limit of the figure...
• RSI Indicator: at the level of 37.57, near the oversold zone → possible upward momentum.
• Volumes: a high volume is observed in the candles near the bottom — a sign of possible accumulation......
• Sentiment Indicator: 84.29% of market participants are positive, and the Fear and Greed index = 82.09 (greed) — this confirms the bullish sentiment in the short term..
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