

The Ethereum price has been trading sideways all week! This range market is caused by the ascending channel pattern the Ethereum price is currently trading around in the 4-hour timeframe.
If this key resistance continues to hold, there is a very high probability that we might see a sell-off in the Ethereum price in the coming days. And right now we can pinpoint the exact time that sell-off might start with some accuracy.

To trade ETH with leverage, sign-up to Bybit right now! You can also get up to $600 in deposit bonus when you sign-up and fund your Bybit account with our Bybit link.
Ethereum Converging Pattern!

The Ethereum ranging price is currently forming a converging pattern in the lower timeframe. This 1-hour pattern offers us key levels to watch for in the coming days.
ETH Bullish Prediction!

For the Bullish prediction, we want to see the Ethereum price breakthrough and continue rallying higher. A break of this converging pattern is very positive for Ethereum and supports our bullish bias in the ETH price.
But for this bullish prediction to remain valid. We need to see the price of the Altcoin continue to trade above the base of the converging pattern

ETH Bearish Prediction!
For the ETH bearish prediction, we want to see the base of the ascending channel pattern give way. A price break and close below this converging pattern support could see us selling off massively in the coming days.

Easy Steps From Beginner To Pro Crypto Trader
You can speed up your learning journey by reading our How To Trade Bitcoin Guide. This guide is the best for crypto traders who wants to get familiar with the basics of Bitcoin trading. You can also check out our top list of Best Bitcoin Exchanges To Trade With.
PrimeXBT Covesting: Trade Hassel Free
Sign-up on PrimeXBT today to trade Bitcoin hassle-free. You can copy experienced traders and access hundreds of different strategies on the platform! Don’t forget to claim your 25% bonus by using the promo code “bitcoinsensus50” when you sign-up with our link PrimeXBT Covesting
100x Leverage
100x Leverage
100x Leverage