Ethereum (ETH) is currently retesting the breakout zone around $1,800 after a strong bullish move.
As long as the price holds above the $1,800-$1,801 support area, a continuation towards higher levels is expected.
Key resistance levels to watch:
1,946.5 (psychological resistance)
2,114.7
2,241.5 (major target)
A successful retest and bullish confirmation could trigger a rally towards the 2,200+ zone.
Plan:
Look for bullish signals on lower timeframes around $1,800 support.
Consider entering long positions with targets at 1,946.5, 2,114.7, and 2,241.5.
Place stop-loss orders slightly below the $1,800 zone to manage risk effectively.
As long as the price holds above the $1,800-$1,801 support area, a continuation towards higher levels is expected.
Key resistance levels to watch:
1,946.5 (psychological resistance)
2,114.7
2,241.5 (major target)
A successful retest and bullish confirmation could trigger a rally towards the 2,200+ zone.
Plan:
Look for bullish signals on lower timeframes around $1,800 support.
Consider entering long positions with targets at 1,946.5, 2,114.7, and 2,241.5.
Place stop-loss orders slightly below the $1,800 zone to manage risk effectively.
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Get Accurate Forex & Gold Signals Daily!
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Join our trusted trading team with real-time insights and expert support.
Start your winning journey now
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.