Ethereum/USDT: Bullish Breakout with Potential Reversal Zones

hello guys.
let's analyze ETH!
Trendline Breakout: ETH recently broke above a long-standing downward trendline, indicating a potential shift from bearish to bullish sentiment.
Pattern Breakout: The breakout from a consolidation pattern further supports a bullish continuation, suggesting momentum toward higher targets.
Reversal Zones:
The first potential reversal area is around 2,880 - 2,900, where price may face resistance.
The second possible support zone lies near 2,680 - 2,700, providing a backup level if price retraces.
Target: The next bullish target is around 3,300, which aligns with previous resistance.
let's analyze ETH!
Trendline Breakout: ETH recently broke above a long-standing downward trendline, indicating a potential shift from bearish to bullish sentiment.
Pattern Breakout: The breakout from a consolidation pattern further supports a bullish continuation, suggesting momentum toward higher targets.
Reversal Zones:
The first potential reversal area is around 2,880 - 2,900, where price may face resistance.
The second possible support zone lies near 2,680 - 2,700, providing a backup level if price retraces.
Target: The next bullish target is around 3,300, which aligns with previous resistance.
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Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
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Tired of watching charts all day? Veles lets you create trading bots that work 24/7.
Sign up now and get $5: veles.finance/invite/melika
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Sign up now and get $5: veles.finance/invite/melika
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
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.