RLinda ! ETHUSDT-> Are the bulls awake? Mid-term target 1680
Updated
ETHUSDT for the first time since November 2021 to January 2023 breaks the strongest resistance line, which determined the trend direction for a long time. What to do?
On the chart I have marked the key elements - the downward resistance 2021-2023, the upward price channel that started to form in June 2022 and the key level of 1250.
ETHEREUM in terms of technical analysis shows excellent bullish hints. The price is forming a retest of resistance at 1250 and if it breaks and holds above the level, the bulls can push the price towards 1680. In the 1250-1680 range we have a vacuum in the outline profile indicator and the price can quite easily and quickly reach the resistance zone
I expect in the medium term a breakout of 1250 and growth. At the moment I will not dare to say confidently about the change of the trend, but the bulls are making themselves known. Let's see what comes out of it. The medium-term target is 1680, the long-term target is 2020.
Regards R. Linda!
On the chart I have marked the key elements - the downward resistance 2021-2023, the upward price channel that started to form in June 2022 and the key level of 1250.
ETHEREUM in terms of technical analysis shows excellent bullish hints. The price is forming a retest of resistance at 1250 and if it breaks and holds above the level, the bulls can push the price towards 1680. In the 1250-1680 range we have a vacuum in the outline profile indicator and the price can quite easily and quickly reach the resistance zone
I expect in the medium term a breakout of 1250 and growth. At the moment I will not dare to say confidently about the change of the trend, but the bulls are making themselves known. Let's see what comes out of it. The medium-term target is 1680, the long-term target is 2020.
Regards R. Linda!
Note
"Santiment" notes significant increase in the number of large transactions in ETH after the FOMC
Note
A retest of resistance at 1250. If Ethereum fixes above the level, the road to 1680 will openTrade active
ETHUSDT $1344 in moment!!!Trade active
ETH +$1400Note
ETHUSDT $1599.98 in moment! Great job!
🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.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.