Financebroker

ETHUSD short view

Short
BITSTAMP:ETHUSD   Ethereum
The price of Ethereum is already on the fourth day in the side consolidation in the range of 1950-2150 dollars. ETH is still under bearish pressure as long as it is in this consolidation. We need a break above $ 2,200 to have positive confirmation on the chart. If Ethereum manages to stay above, we could consider a potential continuation of the bullish trend. Our potential bullish targets are $ 2,300, $ 2,400 and $ 2,500. For the bearish option, we need continued negative consolidation and a pullback below $ 1950. After that, we can expect the withdrawal of the support zone to $ 1,900, and if it does not last, we will move to the $ 1,800 or $ 1,700 price.

𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
www.FinanceBrokerage.com
t.me/NFT_crypto_news_trading_signals
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.