Hi folks today I'm prepared for you ETHEREUM analytics. In early April, the price re-tested the support zone and started a local uptrend. Having reached resistance at the level of 1935, Ethereum made a deep correction, continued to move up and broke through the resistance. The price rose to the next resistance at level 2130, where it completed an uptrend and began to fall after a re-test resistance . Ethereum subsequently broke through current support and dropped to support zone 1795-1760. For a long time, a symmetrical triangle was formed, in which Ethereum is still traded. After retesting the resistance of the triangle, the price dropped and tested the trendline that matches the support of the triangle. Ethereum rebounded the trendline and started rising. It seems to me that the price has started a local uptrend and may continue to grow. The Ethereum may reach the resistance of a triangle, so the targets will be set at level 1935 and at level1990, which corresponds with the resistance of the triangle. If you like my analytics you may support me with your like/comment ❤️
🚀If you want became part of my trading team, follow all my personal trades and start making big profits in trading welcome to my paid VIP signals group, write me ✏️ bit.ly/4grtzW3
❤️ Welcome to my free telegram channel 👉🏼 bit.ly/418mk0x
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.