Ethereum (ETHUSD) has been on a very strong run and is now aiming at $600+ based on my fib. numbers.
We have immediate resistance at $484 followed by $538.
Looking at the momentum and the strong bullishness the market is experiencing, we are looking to see $600 soon.
Conditions for change
If prices break and close below EMA10 the bullish bias loses momentum and there can be a drop.
Any trading above EMA10 we remain strongly bullish on Ethereum (ETHUSD).
Remember to hit LIKE for more.
Namaste.
We have immediate resistance at $484 followed by $538.
Looking at the momentum and the strong bullishness the market is experiencing, we are looking to see $600 soon.
Conditions for change
If prices break and close below EMA10 the bullish bias loses momentum and there can be a drop.
Any trading above EMA10 we remain strongly bullish on Ethereum (ETHUSD).
Remember to hit LIKE for more.
Namaste.
Note
We have a strong bearish candle today.If prices for ETHUSD move and close below EMA10 the above analysis is invalidated; the short-term bullish bias is lost.
Namaste
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
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.