Ethusdforecast
ETHUSD setting up for an uprise? ETHUSD has formed a bullish market structure after the breakout from the weekly resistance. Weekly support turned as resistance and back to back double doji is formed with higher high and higer low.
According to our analysis ETHUSD is setting up for a bullish move.
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$7000 or $15000 per ETH this year! What does it take?We continue to do reviews of the trading pairs you voted for in our BTCUSD price forecast
As it turned out, we haven't made an idea about ETHUSDT for more than half a year, but why? Because the previous idea ETHUSD working out exactly, until recently, having passed 3/4 of the planned way up, see for yourself:
Today's Ethereum price forecast turned out to be very optimistic, with a spoonful of tar at the end.
Since this is a global view of the ETHUSDT price chart, today we will highlight the main and critical levels to start a strong up or down trend.
In order to start a strong up trend, ETH buyers need to firmly anchor the price above $3200 in the coming days or weeks. At the same time, it is desirable not to release the price below $2550.
If these conditions are met, it may open the way for the so far exorbitant targets of $6900 and $14800 for ETH.
Optimism and belief in the bright future will completely disappear from ETHUSD market participants if the ETH price goes under $1750, which is the last critical level for buyers.
And below that there is nothing and the possibility of ETH price going down to $600-800
Maybe, our chart is not easy to read, but if you look carefully, you will find some tips that can help you in a critical moment.
And we are always open to reasoned discussion, so Go to comments!)
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