Hello, community members welcome to this ETH/USDT 1hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As we can see from the above-mentioned chart that ETH/USDT is currently trading inside the symmetrical triangle pattern.
At the current price level, ETH is trading above both MA which also works as a support.
BULLISH cross-over is also about to take place in the above-mentioned chart.
Here I am expecting a break on this symmetrical pattern and bounce towards 2.2k.
so, here we can long ETH/USDT for short-term gain and close position if any candle closes below the lower trend line.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.