ETHUSD 🚀 Ethereum Update: Breaking Free from the Bear Trap! 🌕
Hey Crypto Traders! 🌐
Exciting times in the Ethereum market as we witness a breakout from the recent bear trap. 🐻 But don't fret, Hodlers – the charts are flashing some compelling bullish signals!
📈 Key Technical Indicators:
Waning Moon Bullish Signal: The waning moon is casting its bullish glow, signaling a period of consolidation before a potential upward swing. 🌙 100 Day EMA Bounce: Ethereum bounced off the 100-day EMA, showcasing strong support. MACD Cross Confirmation: A bullish MACD cross adds weight to the positive outlook. 💡 What's Next? Keep a keen eye on the green trend line. If Ethereum breaks above it, we might be looking at new heights. The waning moon, coupled with technical indicators, paints a promising picture.
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.