ETH - Trading at crucial resistance level

270
ETHUSDT (1W CHART) Technical Analysis Update

ETH is currently trading at $2500 range and the price is at crucial resistance zone, previously ETH had one if its largest crash after this support line was broken, now the same support line is acting as resistance.
50 EMA is also acting as a strong resistance in this are.
ETH needs to breaks this resistance to reach the next resistance around 4k USDT. if ETH cross 3K then 4k is an easy target.
Im expecting this resistance to break in next couple of weeks.

Short term target 3100
Mid Term Target 4000
Long Term Target 7000-9000a
a

aRemember to set your stop loss.

Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.

Cheers
GreenCrypto

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.