Ethereum (ETH): Possible Break of Triangle Pattern!
2024-11-20

Ethereum, on the other hand, is showing us a good possibility of downward movement happening (if we manage to breakdown from this triangle pattern).

As we have filled the CME gap almost and we are on the edge to break the triangle pattern (as we see pressure from sellers). 

While CME is one of our targets, our major target is that lower support zone (which has not been secured yet). 

Ethereum has had a really good rally to upper zones (where we got rejected) so most logical thing from here is to get a bounce back up from strong support 👀 

Swallow Team 