🔥 Ethereum Bear Market Resistance Break Out: Road To $2000
In my most recent ETH analysis I talked about the fact that ETH was breaking out through the bear market resistance line. After a quick retest, we're currently moving up following BTC.
In my view, $2000 is the next stop. This area is important because of the psychological value and the fact that the summer-21 rebound stopped there.
In case of a prolonged bullish move, the next stop will be $2400.
After that, things become unclear. The macro is still not great, so I'm not betting on a move towards $3000, for example. We will see.
In my view, $2000 is the next stop. This area is important because of the psychological value and the fact that the summer-21 rebound stopped there.
In case of a prolonged bullish move, the next stop will be $2400.
After that, things become unclear. The macro is still not great, so I'm not betting on a move towards $3000, for example. We will see.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.