📊 Ethereum (ETHUSDT) Technical Analysis – August 11, 2025
Ethereum is currently moving inside an ascending channel.
📈 Bullish Scenario:
If ETH holds the midline of the channel as strong support, the first target will be $4,317.
Next targets: $4,335 and $4,356 if this level breaks.
📉 Bearish Scenario:
If ETH breaks below the channel midline, the next supports are $4,248 and $4,226.
Losing these supports could push the price toward the channel bottom.
⚠️ Note: Wait for strong candlestick confirmation before entering any trade.
#Ethereum #ETHUSDT #Crypto #TechnicalAnalysis #PriceAction #Trading #ETH #CryptoTrading #Altcoins #Blockchain
Ethereum is currently moving inside an ascending channel.
📈 Bullish Scenario:
If ETH holds the midline of the channel as strong support, the first target will be $4,317.
Next targets: $4,335 and $4,356 if this level breaks.
📉 Bearish Scenario:
If ETH breaks below the channel midline, the next supports are $4,248 and $4,226.
Losing these supports could push the price toward the channel bottom.
⚠️ Note: Wait for strong candlestick confirmation before entering any trade.
#Ethereum #ETHUSDT #Crypto #TechnicalAnalysis #PriceAction #Trading #ETH #CryptoTrading #Altcoins #Blockchain
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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.