ETH Weekly Update
ETH has formed a support trendline in the $1500–$1600 range and previously rebounded from it with a 90% gain. After a retest, it’s once again showing signs of a potential rebound from the $2100 level.
If this rebound holds, it could bring relief to price momentum, and we may see ETH retesting the $3500 zone. The RSI still has plenty of room to expand, suggesting further bullish potential.
Strategy:
~ Entry: $2100 to Current Market Price (CMP)
~ Accumulation Range: $1500–$1600
~ Trade Type: Spot
~ Holding Period: Q4 2025
~ Target: $3500
Note: Always do your own research and analysis before making any decisions. This is not financial advice.
Regards,
Dexter
ETH has formed a support trendline in the $1500–$1600 range and previously rebounded from it with a 90% gain. After a retest, it’s once again showing signs of a potential rebound from the $2100 level.
If this rebound holds, it could bring relief to price momentum, and we may see ETH retesting the $3500 zone. The RSI still has plenty of room to expand, suggesting further bullish potential.
Strategy:
~ Entry: $2100 to Current Market Price (CMP)
~ Accumulation Range: $1500–$1600
~ Trade Type: Spot
~ Holding Period: Q4 2025
~ Target: $3500
Note: Always do your own research and analysis before making any decisions. This is not financial advice.
Regards,
Dexter
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.
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.