Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

$ETH I’m watching this setup because the chart is holding a strange kind of pressure.



The bearish pattern on the 4H looks heavy at first, but the candles are telling a different story from the inside. Every dip inside the structure is getting picked up fast, and this behavior shows that the downside is losing strength. If this pattern breaks from the upper line, the move can flip fast and the momentum can shift in one clean wave.

They’re showing signs of power every time the wick touches the lower side. That repeated reaction is the reason I’m focused here. If the breakout hits, the chart can shoot toward the next levels without slowing down because the pressure has already been building for hours.

I’m staying alert on this one because the breakout can come with strong energy. If price escapes the pattern, the next targets can be reached quickly.

This is the moment where the chart can switch its direction in one strong burst.
ETH-1.75%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)