ETHEREUM BUY strongly hold patarn I think ignoring
1. Rejection at $2,200-$2,250 Zone
If ETH fails to break above this level, it may struggle to reach $2,530, leading to a retest of support.
2. Weak Volume on Uptrend
If the price rises without strong volume confirmation, the move could be a bull trap, leading to a reversal.
3. Breakdown Below $2,160
A loss of $2,160 support could trigger a deeper drop, invalidating the bullish outlook.
4. Market-Wide Sentiment
If Bitcoin or the broader crypto market faces selling pressure, ETH might fail to sustain the bullish momentum.
5. Liquidity & Whales' Activity
Large sell orders around resistance levels could lead to a sharp pullback before reaching $2,530 or $2,800.
If ETH fails to break above this level, it may struggle to reach $2,530, leading to a retest of support.
2. Weak Volume on Uptrend
If the price rises without strong volume confirmation, the move could be a bull trap, leading to a reversal.
3. Breakdown Below $2,160
A loss of $2,160 support could trigger a deeper drop, invalidating the bullish outlook.
4. Market-Wide Sentiment
If Bitcoin or the broader crypto market faces selling pressure, ETH might fail to sustain the bullish momentum.
5. Liquidity & Whales' Activity
Large sell orders around resistance levels could lead to a sharp pullback before reaching $2,530 or $2,800.
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IF YOU WANT TO KILL GOLD MARKET SO JOIN OUR CHANNEL NOW
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IF YOU WANT TO KILL GOLD MARKET SO JOIN OUR CHANNEL NOW
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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.