Ethereum is about to turn bullish again on its 1D technical outlook (RSI = 54.924, MACD = 0.460, ADX = 35.736) as it completed a Golden Cross on 4H. This was the first 4H Golden Cross since October 17th 2024 and took place at the top of the 4 month Channel Down. We expect a bullish breakout next, aiming at the 0.786 Fibonacci retracement level (TP = 3,250).
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Over 65% accuracy on Private Signals Channel.
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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.