Hi folks today I'm prepared for you Ethereum analytics. Some days ago price traded near support 2, which coincided with the support zone, but later it turned around and declined lower this level to the trend line. After this, ETH rebounded from the trend line and made a strong impulse up to support 1, which coincided with one more support zone, but when the price reached this level it at once turned around and started to decline to support 2, thereby breaking the trend line. Then price bounced from support 2 and started to rise, and after a little time it reached support 1 again, and at their moment ETH broke support 1 and the trend line too. After this, the price made a retest and then continued to rise near the trend line, which it continues to do now. For my mind, Ethereum will make a correction almost to the trend line, after which it turns around and continues to move up, therefore I set my target at the 3200 level. If you like my analytics you may support me with your like/comment ❤️
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🚀If you want became part of my trading team & start making big profits welcome to my paid VIP signals group, write me✏️ bit.ly/4grtzW3
❤️Welcome to my telegram channel👉🏼 bit.ly/418mk0x
ThinkMarket Ambasador Join & explore bit.ly/3YLyRVV
❤️Welcome to my telegram channel👉🏼 bit.ly/418mk0x
ThinkMarket Ambasador Join & explore bit.ly/3YLyRVV
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.