I really see that ETH has a very strong bullish momentum and I believe my chat is simple enough to understand. The possibility of ETH touching $5,000 is there is no major correction happening here is very high.
Traders should however apply risk management.
I have a very strong bullish bias for ETH
Traders should however apply risk management.
I have a very strong bullish bias for ETH
Note
now that we have seen a break below the yellow rectangle. It is a confirmation for bearish continuation. I see bull staying quietly at between $3,600 - $3,890 and may be targeting $,000 this time. Overall we are still in a bullish market.
Note
As you can see based on the last analysis and feedback on ETH on thee 3oth of October. Looks like we may be approaching $5,000
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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.