The “Diamond Pattern” drawn by the phenomenon cryptocurrency analyst and Youtuber Carl From The Moon for Ethereum (ETH) attracted the attention of the community.
Carl From The Moon 6 November social media shared on in the post, featured an interesting pattern for Ethereum. From the area called Ethereum’s Diamond Pattern with a nice break The analyst stated that the rise may continue.
The phenomenon also emphasized that he traded after seeing this breakdown:
Ethereum is breaking out of the diamond pattern as I predicted on YouTube earlier today.
I bought this trade, how about you?
At the bottom of the image shared by Carl From The Moon from $1,893 opened and currently $800 profit A long position attracted attention.
On the other hand, Carl From The Moon was not the only person who stated that the chart in Ethereum looked bullish. Founder of 1RT Fund, which invests in the digital asset ecosystem Dan Tapiero social media about the issue in your post, $2,200 Ethereum will be able to recover quickly in case of breakage. 4 thousand dollars band He said he could rise.
The experienced name said that the cryptocurrency ecosystem continues to grow and the ETH price is still at its peak. 50% below He reminded that:
A break of 2,200 in ETH could bring $4,000 pretty quickly. It seems hard to imagine, but the cryptocurrency ecosystem continues to expand. Even though the ETH price is still -50% off the highs. However, real-world integration is also increasing rapidly.
According to CoinGecko data, in the last 24 hours 1.2% decrease Ethereum exhibiting, at the time of writing from $1,873 is being traded.