ETH - 2 possible scenarios of development
2024-12-30
Category: None

1. Blue arrow - assumes the selection of the nearest liquidity both above and below (approximately 20% movement). Subsequently, gradual growth towards ATH could follow if we break through the long-forming triangle.
2. Purple arrow - liquidity selection above the current price level, around the trendline, followed by a decline to the lower trendline. In the case of strong bearish pressure, even below it. Then, a rebound from the trendline downward.