So far ETH has continued to make a strong stride upwards in a bullish movement. Overall the movement is strong and by nature of a bullish trend we can expect price to continue to rise.
Analysis:
Overall per the confirmed bullish trend, we can expect price to continue to rise. However, there is potential for a reversal as ETH approaches the 2.8-3.0k resistance zone.
Strategy:
ETH has entered turbulence around 2600 as expected as it was previously established resistance. Nevertheless, As we are in a bull trend and ETH is considerably testing the 2600 resistance, short-term buy setups are reasonable with reasonable stop losses.
The key to ETHs future lies in the 2.8-3.0k resistance zone this price has been tested and rejected 4 times and breaking it will surely suggest an optimal future for ETH.
Best of luck. Like/Follow for more.
Analysis:
Overall per the confirmed bullish trend, we can expect price to continue to rise. However, there is potential for a reversal as ETH approaches the 2.8-3.0k resistance zone.
Strategy:
ETH has entered turbulence around 2600 as expected as it was previously established resistance. Nevertheless, As we are in a bull trend and ETH is considerably testing the 2600 resistance, short-term buy setups are reasonable with reasonable stop losses.
The key to ETHs future lies in the 2.8-3.0k resistance zone this price has been tested and rejected 4 times and breaking it will surely suggest an optimal future for ETH.
Best of luck. Like/Follow for more.