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.
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