ETH Weekly Gann Analysis: Consolidation Pattern Update
Ethereum is still holding within the established arc structure on the weekly timeframe. The consolidation phase persists as traders wait for the next directional move. This sideways action is keeping the price anchored within familiar technical levels. Watch for potential breakout signals as the market decides its next course of action on the longer-term chart.
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.
9 Likes
Reward
9
8
Repost
Share
Comment
0/400
DeFiAlchemist
· 7h ago
*adjusts alchemical instruments* ah, the eternal transmutation pattern emerges once more... eth locked in this arc, waiting for the market's sacred geometry to reveal its next move. the horizontal equilibrium speaks to me of algorithmic patience, really. trapped liquidity seeking its algorithmic destiny through these technical levels, ngl the math is almost poetic here
Reply0
DataBartender
· 01-12 03:59
Wait, wait, are you trading again? When will it break the level?
View OriginalReply0
GasGuru
· 01-12 03:57
Still consolidating, when will it move?
View OriginalReply0
MerkleTreeHugger
· 01-12 03:49
Are you trading again? When will it break through? I'm so anxious.
View OriginalReply0
MoonRocketTeam
· 01-12 03:49
It's that frustrating consolidation again, feeling like the rocket is still fueling up, waiting for the ground command to give the signal.
---
The weekly chart is a test of patience. When will the sideways movement finally break out? Dopamine is almost impossible to produce.
---
The arc structure is tightly pressing down, waiting for a breakout signal. If this wave can break the level and shoot out of the atmosphere, that would be awesome.
---
Consolidate, consolidate, repeatedly messing around at these levels. When will the loading be complete, everyone?
---
Long-term charts are making decisions. We'll just watch, anyway DYOR is the real truth. Don't let the sideways movement ruin your mindset.
View OriginalReply0
SchroedingerGas
· 01-12 03:46
After such a long consolidation, the breakdown is coming, right?
View OriginalReply0
rugpull_ptsd
· 01-12 03:38
Still consolidating. Can it really break through this time?
View OriginalReply0
consensus_failure
· 01-12 03:33
It's been consolidating for so long, I really can't hold it in anymore...
ETH Weekly Gann Analysis: Consolidation Pattern Update
Ethereum is still holding within the established arc structure on the weekly timeframe. The consolidation phase persists as traders wait for the next directional move. This sideways action is keeping the price anchored within familiar technical levels. Watch for potential breakout signals as the market decides its next course of action on the longer-term chart.