A decisive reclaim of $3,200 (200 EMA) could unlock the next major leg higher.
Ethereum is stabilising after a corrective phase and beginning to show early signs of structural strength on the higher timeframe.
Key observations:
• The 200 EMA (blue) around $3,200 remains the final resistance
• Price compression suggests energy is building
• Momentum is gradually shifting back in favour of the bulls
🔑 Technical Thesis:
A strong reclaim and sustained close above the 200 EMA would confirm bullish intent and signal trend continuation rather than consolidation.
Once this level flips into support, the probability of a measured expansion increases significantly.
🎯 Upside targets:
$3,700 → $4,000
This zone aligns with prior supply and high liquidity, making it a natural target for upside.
📌 Bottom Line:
As long as ETH holds higher-timeframe demand and successfully reclaims the 200 EMA, the broader structure favours continuation.
Patience during consolidation often precedes aggressive directional moves.
Bullish breakout or another fake move? Do share your views in the comments, and please hit the like button if this post adds any value.
Thank you
#PEACE
#ETH #crypto
Ethereum is stabilising after a corrective phase and beginning to show early signs of structural strength on the higher timeframe.
Key observations:
• The 200 EMA (blue) around $3,200 remains the final resistance
• Price compression suggests energy is building
• Momentum is gradually shifting back in favour of the bulls
🔑 Technical Thesis:
A strong reclaim and sustained close above the 200 EMA would confirm bullish intent and signal trend continuation rather than consolidation.
Once this level flips into support, the probability of a measured expansion increases significantly.
🎯 Upside targets:
$3,700 → $4,000
This zone aligns with prior supply and high liquidity, making it a natural target for upside.
📌 Bottom Line:
As long as ETH holds higher-timeframe demand and successfully reclaims the 200 EMA, the broader structure favours continuation.
Patience during consolidation often precedes aggressive directional moves.
Bullish breakout or another fake move? Do share your views in the comments, and please hit the like button if this post adds any value.
Thank you
#PEACE
#ETH #crypto
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Daily Signals:- telegram.me/thecryptorphic
My Fav BITUNIX: bitunix.com/register?vipCode=Cryptorphic
Weex $2000: bit.ly/Weex2026
TOOBIT: toobit.com/t/Cryptorphic
ELITES: bit.ly/Join_elite
My Fav BITUNIX: bitunix.com/register?vipCode=Cryptorphic
Weex $2000: bit.ly/Weex2026
TOOBIT: toobit.com/t/Cryptorphic
ELITES: bit.ly/Join_elite
Related publications
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.
