Hello,
This is what my AI pattern recognition bot came up with:
AI recognized the following chart patterns: Triangle (White and Blue), Cup and Handle (Green)
Computing Resistances: Local Top - $3700 (Red), Triangle Tops - $3900-$4000
Potential Trade: Long until the psychological resistance at $6000
Target Price (Cyan): $6000
Stop Loss: Triangle Breakdown - $2000
AI recognized two different triangles on the chart: the white symmetrical triangle and the blue triangle. These triangles define the white and blue support and resistance levels. Furthermore, there is the red resistance level from local tops. If Ethereum can break resistances, it might visit the psychological target and resistance at $6000. If Ethereum falls to $2000, the triangles might break down, which would have a bearish indication. Historically, similar triangles usually break upwards with a 63.5% chance. Cup and Handle pattern often breaks up with a 70.5% chance. In general, I expect Ethereum to break the chart patterns upward and initiate momentum into the cyan target price.
Regards,
Ely
This is what my AI pattern recognition bot came up with:
AI recognized the following chart patterns: Triangle (White and Blue), Cup and Handle (Green)
Computing Resistances: Local Top - $3700 (Red), Triangle Tops - $3900-$4000
Potential Trade: Long until the psychological resistance at $6000
Target Price (Cyan): $6000
Stop Loss: Triangle Breakdown - $2000
AI recognized two different triangles on the chart: the white symmetrical triangle and the blue triangle. These triangles define the white and blue support and resistance levels. Furthermore, there is the red resistance level from local tops. If Ethereum can break resistances, it might visit the psychological target and resistance at $6000. If Ethereum falls to $2000, the triangles might break down, which would have a bearish indication. Historically, similar triangles usually break upwards with a 63.5% chance. Cup and Handle pattern often breaks up with a 70.5% chance. In general, I expect Ethereum to break the chart patterns upward and initiate momentum into the cyan target price.
Regards,
Ely
Zlecenie aktywne
Ethereum is slicing resistance as I'm writing this. Would you like to welcome the altseason? Following the market closely.
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.