This chart shows Ethereum (ETH/USD) forming a descending channel approaching a strong support level around $3,883. A potential breakout from the downtrend is expected, targeting successive resistance levels at $3,971.7, $4,065.7, and $4,160.4. The analysis suggests a bullish reversal if the support holds and price breaks above the channel.
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🎯XAUUSD GOLD BTCUSD Daily 3-5 Free Signals 🚀📊 join Telegram channel
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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.