Here I am, presenting the asset I personally dislike the most — ETH.
But the chart doesn’t care about feelings. ETH looks ultra bullish, but only if it breaks above the $4,125 level.
Why this level?
The $3,800–$4,100 range has historically acted as a major distribution zone — a place where market participants have consistently taken profit for years.
If this resistance is finally broken, we could see ETH rally toward $6,900 as a minimum target.
This level is based on the breakout projection of the long-standing macro structure.
Honestly, the target looks even better than the asset itself :)
Good Luck.
But the chart doesn’t care about feelings. ETH looks ultra bullish, but only if it breaks above the $4,125 level.
Why this level?
The $3,800–$4,100 range has historically acted as a major distribution zone — a place where market participants have consistently taken profit for years.
If this resistance is finally broken, we could see ETH rally toward $6,900 as a minimum target.
This level is based on the breakout projection of the long-standing macro structure.
Honestly, the target looks even better than the asset itself :)
Good Luck.
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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.
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.