Chart Analysis Summary:
Current Price:
$3,429.21 (at the time of the screenshot)
Trend:
Strong uptrend within a bullish ascending channel.
Price has been respecting the trendline and moving upward steadily.
Key Chart Patterns & Tools:
Ascending Channel: ETH is trading within an upward sloping channel, suggesting bullish momentum.
Ichimoku Cloud (green): Price is trading well above the cloud, reinforcing bullish sentiment.
Breakout Structure: The chart shows a small consolidation/pullback with a projected bullish breakout.
📈 Key Levels:
Type Price Level (USD) Notes
Current 3,429.21 Live price
Resistance 1 3,506.17 Minor resistance
Resistance 2 3,519.55 Immediate breakout target
Final Target 3,650.71 Major resistance and potential price objective
🧭 Price Action Forecast:
If ETH holds above $3,429 and breaks above $3,519.55, the path toward $3,650 remains open.
A small pullback (as indicated by the blue arrow) is expected before continuation.
As long as price remains within or near the ascending channel, the bullish scenario .
✅ Bullish Confirmation:
Break and retest of $3,519.55.
Continued support above the Ichimoku cloud.
Holding the trendline from the ascending channel.
Current Price:
$3,429.21 (at the time of the screenshot)
Trend:
Strong uptrend within a bullish ascending channel.
Price has been respecting the trendline and moving upward steadily.
Key Chart Patterns & Tools:
Ascending Channel: ETH is trading within an upward sloping channel, suggesting bullish momentum.
Ichimoku Cloud (green): Price is trading well above the cloud, reinforcing bullish sentiment.
Breakout Structure: The chart shows a small consolidation/pullback with a projected bullish breakout.
📈 Key Levels:
Type Price Level (USD) Notes
Current 3,429.21 Live price
Resistance 1 3,506.17 Minor resistance
Resistance 2 3,519.55 Immediate breakout target
Final Target 3,650.71 Major resistance and potential price objective
🧭 Price Action Forecast:
If ETH holds above $3,429 and breaks above $3,519.55, the path toward $3,650 remains open.
A small pullback (as indicated by the blue arrow) is expected before continuation.
As long as price remains within or near the ascending channel, the bullish scenario .
✅ Bullish Confirmation:
Break and retest of $3,519.55.
Continued support above the Ichimoku cloud.
Holding the trendline from the ascending channel.
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
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Gold Signal's with proper TP & SL for high profit.
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.
📲 Join telegram channel free ..
t.me/docter_Pips_official05
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
t.me/docter_Pips_official05
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
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.