Slow & Steady ETH is Approaching $3500 - Target is $4000
As I mentioned in my previous idea update that ETH is more likely to reach $3500 in this current rally. We have seen it already touching almost $3500 yesterday but to break this very strong resistance zone between $3500 - $3530, Ethereum has to go for a pullback zone which is more likely to happen in the next few hours.
If it comes back to $3300 - $3340 support zone, we should find a buy position here but obviously wait for a proper price action is a must. Because it may break down this support zone and go for a very strong support zone between $3150 - $3200. This could be the ultimate support zone and a very strong buy zone.
So if ETH reaches 1st nearest support zone then:
Entry Point is Between = $3300 - $3340
If it manages breaking the 1st support zone
Entry Point is Between = $3150 - $3200
Good Luck.
This is not a financial advice of course. You should do your own research.
If it comes back to $3300 - $3340 support zone, we should find a buy position here but obviously wait for a proper price action is a must. Because it may break down this support zone and go for a very strong support zone between $3150 - $3200. This could be the ultimate support zone and a very strong buy zone.
So if ETH reaches 1st nearest support zone then:
Entry Point is Between = $3300 - $3340
If it manages breaking the 1st support zone
Entry Point is Between = $3150 - $3200
Good Luck.
This is not a financial advice of course. You should do your own research.
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