ETH: Bullish Momentum Emerging on the Daily Chart
Since May 9, ETH has been consolidating for about a month, forming a bullish pattern. The price continues to fluctuate within the 2330 - 2800 range.
While the pattern appears bullish, it remains unclear whether it has fully completed. Without a decisive breakout accompanied by strong bullish volume, ETH could retreat to 2440, potentially forming a larger structure before resuming its upward move.
The broader outlook still suggests bullish momentum, but the market is not yet ready to initiate the next leg up.
Today's U.S.-China agreement and U.S. CPI data will be key events to watch.
Key Target Zones: 🎯 3300 🎯 3800 🎯
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Since May 9, ETH has been consolidating for about a month, forming a bullish pattern. The price continues to fluctuate within the 2330 - 2800 range.
While the pattern appears bullish, it remains unclear whether it has fully completed. Without a decisive breakout accompanied by strong bullish volume, ETH could retreat to 2440, potentially forming a larger structure before resuming its upward move.
The broader outlook still suggests bullish momentum, but the market is not yet ready to initiate the next leg up.
Today's U.S.-China agreement and U.S. CPI data will be key events to watch.
Key Target Zones: 🎯 3300 🎯 3800 🎯
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.