Ethereum: Anticipating Accumulation Near $2476 and a Move Above
I anticipate accumulation near the $2476 level for Ethereum, followed by a breakout above this level and a move exceeding $2500. After reaching this mark, further accumulation above $2500 is expected. There's also an alternative scenario involving a local correction before breaking through $2476, though I consider it less likely. If the second scenario unfolds or after a breakout and consolidation above the $2476 level followed by a retest of this level, I will be looking for suitable entry points.
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.