After the first price target was reached today:

In my opinion, Ethereum currently exhibits concerning technical patterns and fundamental factors that could potentially lead to a significant decline in its price!
The presence of a bearish pennant and a head and shoulders chart pattern suggests a bearish trend reversal may be in play.
Adding to the bearish outlook is the news of a prominent Ethereum whale, who owns a substantial amount of ETH worth approximately $738 million, depositing their tokens on Coinbase, possibly with the intention to sell.
Such a massive influx of supply into the market has the potential to trigger a significant selloff, leading to downward pressure on Ethereum's price.
Considering these factors, I have set a price target of $1140, which represents a substantial decline from the current levels.
Looking forward to read your opinion about it!

In my opinion, Ethereum currently exhibits concerning technical patterns and fundamental factors that could potentially lead to a significant decline in its price!
The presence of a bearish pennant and a head and shoulders chart pattern suggests a bearish trend reversal may be in play.
Adding to the bearish outlook is the news of a prominent Ethereum whale, who owns a substantial amount of ETH worth approximately $738 million, depositing their tokens on Coinbase, possibly with the intention to sell.
Such a massive influx of supply into the market has the potential to trigger a significant selloff, leading to downward pressure on Ethereum's price.
Considering these factors, I have set a price target of $1140, which represents a substantial decline from the current levels.
Looking forward to read your opinion about it!
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Trading COURSE bit.ly/tradex
RESULTS bit.ly/TG10x
TradeNation bit.ly/t10X
CRYPTO partner.bybit.com/b/37880
BUY-SELL INDICATORS tradingindicators.store/
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.
Private SIGNALS patreon.com/PremiumOptionsSignals
Trading COURSE bit.ly/tradex
RESULTS bit.ly/TG10x
TradeNation bit.ly/t10X
CRYPTO partner.bybit.com/b/37880
BUY-SELL INDICATORS tradingindicators.store/
Trading COURSE bit.ly/tradex
RESULTS bit.ly/TG10x
TradeNation bit.ly/t10X
CRYPTO partner.bybit.com/b/37880
BUY-SELL INDICATORS tradingindicators.store/
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.