📉📈 My Next ETH Trade: Long or Short?

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📉📈 My Next ETH Trade: Long or Short?

Watching the Yellow Triangle Closely 👀🔺

Hey Cryptonary Fam! 👋

Let’s talk about Ethereum (ETH)—and the key pattern I’m watching right now 👇

There’s a yellow triangle forming on the chart. This is a very important pattern that can go two ways, and I'm planning my next trade based on how ETH breaks out of it.

🟨 The Triangle Setup

This triangle is squeezing the price tighter and tighter, which means a big move is coming soon. Here’s my plan based on both scenarios:

🔼 If ETH Breaks Up...

• Target: Around $3200 🚀

• But guess what? I’ll be looking to short ETH near that level 😈

  • Why? That’s a likely area for a reversal or at least a pullback.

🔽 If ETH Breaks Down...

• Target: Could drop to around $2000 😬

• But I’m not chasing the drop…

  • I’ll wait and go long around $2200 💪

  • That’s where I see potential support and a solid bounce opportunity.

📌 Summary: My ETH Game Plan

This is not financial advice, just how I’m thinking through the setup with clear levels and risk in mind. Always do your own research! 🧠