Ethereum has completed a textbook breakout from a falling wedge pattern on the daily chart, signaling a bullish trend reversal. The breakout is supported by strong price momentum and a bullish Ichimoku Cloud flip.
🔹 Technical Analysis:
✅ Falling wedge breakout confirmed
🔼 Break above cloud resistance adds bullish confidence
📈 Targeting $2,800–$3,000, based on measured move
🔄 Consolidation near $2,600 suggests healthy continuation
🔹 Fundamental Outlook:
🧠 Ethereum sentiment improving with broader crypto recovery
🔧 Anticipation around ETH ecosystem upgrades & ETF narratives
🏦 Easing Fed stance favors risk-on assets like crypto
📌 Bias: Bullish above $2,450 — watching for continuation toward the $2,800 zone.
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Note: This is not financial advice. Please conduct your own research and manage risk accordingly.
🔹 Technical Analysis:
✅ Falling wedge breakout confirmed
🔼 Break above cloud resistance adds bullish confidence
📈 Targeting $2,800–$3,000, based on measured move
🔄 Consolidation near $2,600 suggests healthy continuation
🔹 Fundamental Outlook:
🧠 Ethereum sentiment improving with broader crypto recovery
🔧 Anticipation around ETH ecosystem upgrades & ETF narratives
🏦 Easing Fed stance favors risk-on assets like crypto
📌 Bias: Bullish above $2,450 — watching for continuation toward the $2,800 zone.
Support: If you found this helpful, like and follow for more trade ideas!
Must Support Me Share My Idea With Your Firends Mention Your Feed back Comment Section
Note: This is not financial advice. Please conduct your own research and manage risk accordingly.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.