April 16, 2026

Ethereum- a reversal situation

Ethereum- a reversal situation

Ethereum- a reversal situation

Ethereum- a reversal situation

Ethereum / TetherUS BINANCE:ETHUSDT
mignaly


Ethereum- a reversal situation

Hello everyone

Today on ETHUSDT , we have a candle with a long shadow which I expect to close above 2880$, and we have a 3 high , 3 push down pattern, that can function as a wedge or triangle, angled down.With that said we have a possibility of reversal IF we get a green bar with good bull body higher than 2930$ tomorrow.

Our support levels are 2800$ and the weekly trend line and our resistance levels are 2950$ which I think will break tomorrow and 3050$.

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