📊 Technical Analysis
● ETH/USD broke out of a consolidation range and is now testing the dynamic resistance line, indicating a potential retest of the $3,500 resistance level. The market recently rebounded from $3,000 support, showing signs of upward momentum.
● The price action respects a rising channel, which could suggest further bullish continuation if the dynamic support holds.
💡 Fundamental Analysis
● The broader crypto market sentiment remains positive, with growing institutional adoption and decreasing selling pressure.
✨ Summary
● Watch for resistance around $3,500 and support at $3,000. A breakout above $3,500 could target $3,800.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
● ETH/USD broke out of a consolidation range and is now testing the dynamic resistance line, indicating a potential retest of the $3,500 resistance level. The market recently rebounded from $3,000 support, showing signs of upward momentum.
● The price action respects a rising channel, which could suggest further bullish continuation if the dynamic support holds.
💡 Fundamental Analysis
● The broader crypto market sentiment remains positive, with growing institutional adoption and decreasing selling pressure.
✨ Summary
● Watch for resistance around $3,500 and support at $3,000. A breakout above $3,500 could target $3,800.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade closed: target reached
Closed +8.1%
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.