Post
fatima01
Ethereum Technical Analysis | H1 Timeframe
✔️ #Ethereum is currently #trading within a wedge pattern. Following its recent rally, price has reached the resistance area and the upper boundary of the #pattern.
✔️ Liquidity above the pattern highs has also been swept, increasing selling pressure from this area.
📊 Outlook:
Given the liquidity sweep above the pattern highs, we expect the price to enter a corrective phase from this resistance and continue lower toward the #Eth $2,700 demand zone.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$67,353.2-0.02%
ETH/USDTEthereum
$1,903.77-0.02%
SOL/USDTSolana
$75.56-0.06%
Today’s market buzz
1#NVIDIA contacts Arm CEO Haas, internally predicting new CEO candidate
2#US October PPI year-on-year 6.5% below expectations
3#Anthropic launches IPO roadshow, valuation rebounds to $1.8 trillion