Ethereum/USDT: Bullish Breakout with Potential Reversal Zones
hello guys.
let's analyze ETH!
Trendline Breakout: ETH recently broke above a long-standing downward trendline, indicating a potential shift from bearish to bullish sentiment.
Pattern Breakout: The breakout from a consolidation pattern further supports a bullish continuation, suggesting momentum toward higher targets.
Reversal Zones:
The first potential reversal area is around 2,880 - 2,900, where price may face resistance.
The second possible support zone lies near 2,680 - 2,700, providing a backup level if price retraces.
Target: The next bullish target is around 3,300, which aligns with previous resistance.
let's analyze ETH!
Trendline Breakout: ETH recently broke above a long-standing downward trendline, indicating a potential shift from bearish to bullish sentiment.
Pattern Breakout: The breakout from a consolidation pattern further supports a bullish continuation, suggesting momentum toward higher targets.
Reversal Zones:
The first potential reversal area is around 2,880 - 2,900, where price may face resistance.
The second possible support zone lies near 2,680 - 2,700, providing a backup level if price retraces.
Target: The next bullish target is around 3,300, which aligns with previous resistance.
Trade closed: target reached
#eth #ethusdt hit the target
👉 my broker:: bit.ly/HYMCMELI
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
Related publications
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.
👉 my broker:: bit.ly/HYMCMELI
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
Related publications
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.