The ETH/USD chart shows a price increase following a consolidation phase. A strong support zone has been identified, which helped halt the previous price decline.
📊 Conclusion:
The support level around $3,045 appears to be quite reliable. If this trend continues, ETH has a good chance to rise further toward the outlined targets.
🟢 Buy Zone:
$3,100 - $3,200
🎯 Take-Profit Targets:
1️⃣ TP1: $3,643
2️⃣ TP2: $4,169
3️⃣ TP3: $4,977
🛑 Stop-Loss:
$3,045
🔝 Entry Idea:
Risk/Reward = 4.5:1
📊 Conclusion:
The support level around $3,045 appears to be quite reliable. If this trend continues, ETH has a good chance to rise further toward the outlined targets.
🟢 Buy Zone:
$3,100 - $3,200
🎯 Take-Profit Targets:
1️⃣ TP1: $3,643
2️⃣ TP2: $4,169
3️⃣ TP3: $4,977
🛑 Stop-Loss:
$3,045
🔝 Entry Idea:
Risk/Reward = 4.5:1
🔗 More ideas on the channel: t.me/+2WdMmXx0sdkyZjQy
🔥Trade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
🔥Trade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
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.
🔗 More ideas on the channel: t.me/+2WdMmXx0sdkyZjQy
🔥Trade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
🔥Trade cryptocurrency on the exchange Bybit - partner.bybit.com/b/94881
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.