📊 Technical Analysis
● ETH/USD broke below a triangle formation, confirming a bearish continuation from the dynamic resistance area near $4,200.
● Price action suggests a potential move toward the $3,600–$3,500 zone, aligning with the next dynamic support and continuation of the corrective structure from September highs.
💡 Fundamental Analysis
● Ethereum faces downside pressure as on-chain activity slows and ETF speculation cools amid risk-off sentiment in broader markets.
✨ Summary
● Short bias below $4,200; targets $3,600–$3,500. Breakout and weakening fundamentals support medium-term bearish momentum.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
● ETH/USD broke below a triangle formation, confirming a bearish continuation from the dynamic resistance area near $4,200.
● Price action suggests a potential move toward the $3,600–$3,500 zone, aligning with the next dynamic support and continuation of the corrective structure from September highs.
💡 Fundamental Analysis
● Ethereum faces downside pressure as on-chain activity slows and ETF speculation cools amid risk-off sentiment in broader markets.
✨ Summary
● Short bias below $4,200; targets $3,600–$3,500. Breakout and weakening fundamentals support medium-term bearish momentum.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade closed: target reached
Closed +7%
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.