Ethereum
Long

#ETH/USDT

299
#ETH

The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue

We have a trend to stabilize above the moving average 100 again

We have a descending trend on the RSI indicator that supports the rise by breaking it upwards

We have a support area at the lower limit of the channel at a price of
3009

Entry price 3162
First target 3290
Second target 3378
Third target 3500

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.