Ethereum Technical Outlook 🧠
ETH is currently in a downtrend on both the daily and 4-hour timeframes 📉.
The $2100–$2150 range, which previously acted as a major support level, has now turned into a key resistance zone 🔄.
Price is moving within an ascending channel 📈 and approaching a supply zone located between $1790–$1820 🟥.
For a confirmed trend reversal, Ethereum must break above the red descending trendline 🔻 and flip the key resistance zone (marked on the chart) into support ✅.
Until then, bearish momentum remains dominant.
ETH is currently in a downtrend on both the daily and 4-hour timeframes 📉.
The $2100–$2150 range, which previously acted as a major support level, has now turned into a key resistance zone 🔄.
Price is moving within an ascending channel 📈 and approaching a supply zone located between $1790–$1820 🟥.
For a confirmed trend reversal, Ethereum must break above the red descending trendline 🔻 and flip the key resistance zone (marked on the chart) into support ✅.
Until then, bearish momentum remains dominant.
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.
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.