ArmanShabanTrading

💎 $ETH : What a Bullish Move, Will it continue ? (READ CAPTION)

BINANCE:ETHUSDT   Ethereum / TetherUS
As you can see, after the last analysis, Ethereum managed to continue its growth and hit the targets of $2050 and $2140! Currently, the very important support of $1,850 to $1,910 has caused the price to maintain its demand pressure, and if it succeeds in stabilizing above $2,070, we will probably see more growth from Ethereum, whose next targets will be $2200, $2600 and $3300 respectively! Currently, the resistance between $2,050 and $2,140 has prevented further price growth, and we have to see if Ethereum can break this important resistance or not! The efficiency of this analysis is more than 35% so far !

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Best Regards , Arman Shaban
Comment:
By checking the ethereum chart in the daily time frame, we can see that the price faced correction after it was able to grow up to $2130 and until now it has been able to correct up to $1987. As I mentioned in the Bitcoin analysis, if the price cannot quickly reaches above $2100 and fills this void , we will probably see Ethereum fall more! But still, my mid-term view on this cryptocurrency is bullish and I think we will soon see targets above $2200! Indeed, be sure to read the previous analysis of Ethereum!


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