#ETHUSD - H1 Analysis
📣 On the 1-hour timeframe, we anticipate that breaking the resistance level of the consolidation pattern around 3380 could pave the way for a price increase up to the 3550 level.
⛔️ Stop Loss: 3200
Conversely, if the support level around 3240 is broken, we could expect a potential decline in price towards the 3100 level.
⛔️ Stop Loss: 3380
📣 On the 1-hour timeframe, we anticipate that breaking the resistance level of the consolidation pattern around 3380 could pave the way for a price increase up to the 3550 level.
⛔️ Stop Loss: 3200
Conversely, if the support level around 3240 is broken, we could expect a potential decline in price towards the 3100 level.
⛔️ Stop Loss: 3380
Trade closed: target reached
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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.