ETHERIUM 1HOURLY NEAR FUTURE ANALYSISTechnical Analysis Summary
ETH/USDT
TREND ANALYSIS
We have 2 Downtrend in red color (Internal and Long Term).
We have 1 Uptrend in green color Internal Trend (Short term) )
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
White levels Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
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Ethusdtsetup
ETHUSDT | Best Entry & Target PointIf you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of ETHUSDT , I think we are going to see an upward movement. If you are going to go long now, make sure to place the stop below the previous support area .
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
ETHUSDT TRPLE BOTTOMS | BULLISH ENGULFING | NEW TARGETSETHUSDT TRPPLE BOTTOMS | BULLISH ENGULFING | NEW TARGETS
After completing a long correction, ETH has created triple bottoms, and finally, we have seen a weekly bullish engulfing candle. We have 2 nearest resistances(R1: 2913.68 | R2: 3584.79) and 1 major resistance(R3: 4384.43) .
If everything goes well, we will see a new ATH(All-Time High) at a price of $6000, and then again a long correction phase will be started.
NOTE: THIS IS JUST A TECHNICAL ANALYSIS BASED ON PREVIOUS DATA AND UPCOMING NEWS. INVEST AT YOUR OWN RISK. I WILL NOT BE RESPONSIBLE FOR ANY LOSS.