The chart for Ethereum (ETHUSD) looks like a move to the upside is about to happen.
Right now ETHUSD is trading above resistance and momentum is starting to build up. If additional buyers/bots continue to jump in, we are likely to see a strong move.
Here we see the same signals I always look for that are present on the chart above:
These signals are telling me that ETHUSD can move up but... Remember...
Conditions for change
If ETHUSD moves below the first blue line or $188.80, the bullish potential of this setup is reduced.
If ETHUSD closes below $182 with a bearish candle, then lower support levels are going to be tested.
Right now Ethereum (ETHUSD) is bullish and aiming higher... My target is higher than $225 on higher timeframes... We will see how it goes.
Thanks a lot for reading.
Namaste.
Right now ETHUSD is trading above resistance and momentum is starting to build up. If additional buyers/bots continue to jump in, we are likely to see a strong move.
Here we see the same signals I always look for that are present on the chart above:
- Bullish indicators (MACD and RSI).
- Trading above EMA10 and other moving average indicators.
- Volume growing in favor of the bulls.
- Market sentiment feeling bullish.
These signals are telling me that ETHUSD can move up but... Remember...
Conditions for change
If ETHUSD moves below the first blue line or $188.80, the bullish potential of this setup is reduced.
If ETHUSD closes below $182 with a bearish candle, then lower support levels are going to be tested.
Right now Ethereum (ETHUSD) is bullish and aiming higher... My target is higher than $225 on higher timeframes... We will see how it goes.
Thanks a lot for reading.
Namaste.
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
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.