Ethereum (ETH/USD) – Weekly Chart Summary
• Current Price: ~$2,250
• Trend: Bearish structure with lower highs and lower lows
• Key Zones:
• Support (Demand): $1,800–$2,000 and $1,400–$1,700
• Resistance: $2,800–$3,600 (liquidity zone)
• 200-Week MA: Acting as dynamic support near current levels
• Outlook: Potential drop into demand zones, followed by a strong bullish reversal targeting the $3,200–$3,600 region
• Risk: Failure to hold $1,800 could trigger deeper losses
📈 Bias: Wait for price to reach key demand zones before entering long positions.
• Current Price: ~$2,250
• Trend: Bearish structure with lower highs and lower lows
• Key Zones:
• Support (Demand): $1,800–$2,000 and $1,400–$1,700
• Resistance: $2,800–$3,600 (liquidity zone)
• 200-Week MA: Acting as dynamic support near current levels
• Outlook: Potential drop into demand zones, followed by a strong bullish reversal targeting the $3,200–$3,600 region
• Risk: Failure to hold $1,800 could trigger deeper losses
📈 Bias: Wait for price to reach key demand zones before entering long positions.
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t.me/forexlyfepublic
OUR WEBSITE:
forexlyfe.com
INSTAGRAM:
instagram.com/forexlyfe/
YOUTUBE: youtube.com/@Forexlyfe
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 FREE TELEGRAM FOR SIGNALS & SETUPS:
t.me/forexlyfepublic
OUR WEBSITE:
forexlyfe.com
INSTAGRAM:
instagram.com/forexlyfe/
YOUTUBE: youtube.com/@Forexlyfe
t.me/forexlyfepublic
OUR WEBSITE:
forexlyfe.com
INSTAGRAM:
instagram.com/forexlyfe/
YOUTUBE: youtube.com/@Forexlyfe
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.