ETHEREUM (ETH) on the Rise! Key Targets Await on 1H Chart

Updated
ETHEREUM (ETH) Technical Analysis:

Ethereum (ETH) has confirmed a long entry at 2586.77 on the 1-hour timeframe, backed by bullish momentum and support from the Risological Dotted Trendline. The trade setup is promising, with well-defined targets positioned to capture potential gains as ETH continues its upward move.

Trade Summary:
  • Entry Level: 2586.77


Target Levels:
  • TP1: 2729.39
  • TP2: 2960.16
  • TP3: 3190.93
  • TP4: 3333.55
  • Stop Loss: 2471.39


With the entry level secured, Ethereum is primed to approach each target. Traders should monitor price action closely as ETH strives toward these lucrative levels.
Trade active
TP1 done!
Note
Almost HIT TP2. So, far, the trade is turning out to be quite profitable.
Chart PatternsEthereum (Cryptocurrency)ethereumanalysisethereumforecastethereumusdethlongethlongsetupETHPERPethsignalsETHUSDTechnical IndicatorsTrend Analysis

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