Ethereum / TetherUS
Long

Ethereum is on its way to a new ATH

112
🔘 There’s no change from my previous update

📥 price of Ethereum has tested the bottom of the bullish flag several times and has managed to hold its position well.

👉 Currently, in the lower timeframes, it is breaking the descending trendline.

📈 I expect a bullish move to start from this area toward 4600$, followed by a breakout of the bullish flag and a continuation of the move toward 5370$ as a new ATH.

🔰 Overall, the structure of Ethereum looks strongly bullish to me, and I anticipate a powerful upward trend in the near future.The price remains in a strong demand area and still looks attractive for buying

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.