ETH looks very strong this month. Despite the potential for a reversal, the momentum is climbing, and it has broken out of the Overbought (OB) zone with buyers coming in. The bullish impulse hasn't started yet.
The weekly chart looks a bit weak.
On the 3-day chart, there's a likelihood that it will test $2400 again. But it all depends on whether Bitcoin will make another move upwards.
There was a signal to close long positions and two orange bars indicating a potential reversal.
$1700 is a good level to consider buying.
The daily chart is going sideways, but there were two strong signals indicating a reversal.
The weekly chart looks a bit weak.
On the 3-day chart, there's a likelihood that it will test $2400 again. But it all depends on whether Bitcoin will make another move upwards.
There was a signal to close long positions and two orange bars indicating a potential reversal.
$1700 is a good level to consider buying.
The daily chart is going sideways, but there were two strong signals indicating a reversal.
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The published information does not constitute investment advice, financial advice or trading advice. I recommend doing your own market research.
Чат t.me/CCPRch
English t.me/CCPRtrEn
The published information does not constitute investment advice, financial advice or trading advice. I recommend doing your own market research.