Ethereum: Bullish Momentum Recharging for the Next Leg Up
Daily Perspective on ETH Ethereum remains in a clear bullish trend on the daily chart. The long and consistent green waves reflect strong upward momentum over the past several days and weeks.
Looking left on the chart, ETH previously made several corrective moves during bearish phases. The current correction looks similar to those on the left side of the chart, but this time it is taking place within an uptrend.
The price is currently in a consolidation phase, likely preparing for another push higher. I’m watching three key upside targets: 4500, 4840, and 5400.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
Daily Perspective on ETH Ethereum remains in a clear bullish trend on the daily chart. The long and consistent green waves reflect strong upward momentum over the past several days and weeks.
Looking left on the chart, ETH previously made several corrective moves during bearish phases. The current correction looks similar to those on the left side of the chart, but this time it is taking place within an uptrend.
The price is currently in a consolidation phase, likely preparing for another push higher. I’m watching three key upside targets: 4500, 4840, and 5400.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
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.