Ethereum surpassed a crucial daily/intraday resistance cluster last week.
The violated structure, combined with a rising trend line, now forms a contracting demand zone.
The price is currently retesting the broken structure now.
We anticipate a bullish movement originating from this zone.
The subsequent resistance level is projected at 4,700.
The violated structure, combined with a rising trend line, now forms a contracting demand zone.
The price is currently retesting the broken structure now.
We anticipate a bullish movement originating from this zone.
The subsequent resistance level is projected at 4,700.
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Join our Telegram channel
For daily market update 👇👇
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For paid signal👇👇
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For daily market update 👇👇
t.me/TheAcetrading
Backup Channel👇👇
t.me/theacetradingbackup
For paid signal👇👇
t.me/Ask_linofx1
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.