Exciting developments are underway for Ethereum (ETH), with key signals emerging on both ETH/BTC and ETH/USD pairs.
ETH/BTC Pair:
On the right-hand chart, ETH/BTC is making a notable attempt to reclaim the range low at 0.05579. If successful, this move could potentially trigger a breakout for ETH/USD.
ETH/USD Pair:
On the left-hand side, ETH/USD is exhibiting an ascending triangle pattern, characterized by higher lows and equal highs. The critical level to watch is the $2,130 mark. A sustained close of daily candles above this level is seen as a confirmation of the breakout for ETH.
Price Target:
If the breakout is confirmed, ETH has a measured move upward to $3,300, representing a substantial 56% potential gain.
ETH/BTC Pair:
On the right-hand chart, ETH/BTC is making a notable attempt to reclaim the range low at 0.05579. If successful, this move could potentially trigger a breakout for ETH/USD.
ETH/USD Pair:
On the left-hand side, ETH/USD is exhibiting an ascending triangle pattern, characterized by higher lows and equal highs. The critical level to watch is the $2,130 mark. A sustained close of daily candles above this level is seen as a confirmation of the breakout for ETH.
Price Target:
If the breakout is confirmed, ETH has a measured move upward to $3,300, representing a substantial 56% potential gain.
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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.