Ethereum / Tether
Long
Updated

ETH - Medium-Term Bulls Confirmed Control!

1 192
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 As per our previous ETH analysis (shown on the chart), ETH rejected the green support zone and pushed higher, reaching our target near $2,750.

What’s next?

After breaking above the $2,750 structure marked in red, the bulls have confirmed medium-term control.

🏹 As long as the last major low at $2,700 holds, ETH is expected to remain bullish, with a potential move toward the $3,500 resistance zone.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
Trade closed: stop reached
ETH broke below the red structure, thus the momentum shifted from bullish to bearish.
snapshot

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.