💎 Paradisers, the #ETHUSDT pair is currently exhibiting notable strength, suggesting a potential bullish reversal from its support level at $3,449.06. If the price maintains its momentum at this level, there is a significant likelihood of a bullish upswing that could surpass the nearby resistance at $3,672.
💎 Taking a historical perspective, Ethereum (ETH) has consistently followed a downward trend, frequently encountering resistance around the $3,672 mark. We anticipate that the price may revisit the support level at $3,449.06 before embarking on a further bullish trajectory. Interestingly, this level has been respected twice in the past.
💎 In the event that ETH faces challenges in maintaining its momentum at the $3,449.06 support, we expect a bullish recovery from the lower support zone around $3,274. However, a breach below this point could potentially lead to additional declines. Let’s remain vigilant and be prepared to adapt our strategies as needed.
💎 Taking a historical perspective, Ethereum (ETH) has consistently followed a downward trend, frequently encountering resistance around the $3,672 mark. We anticipate that the price may revisit the support level at $3,449.06 before embarking on a further bullish trajectory. Interestingly, this level has been respected twice in the past.
💎 In the event that ETH faces challenges in maintaining its momentum at the $3,449.06 support, we expect a bullish recovery from the lower support zone around $3,274. However, a breach below this point could potentially lead to additional declines. Let’s remain vigilant and be prepared to adapt our strategies as needed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.