ETH
The price targets of $2,500–$2,600 have been achieved.
At this moment, I would not rush into making trading decisions. We have reached a Premium Price level, where the price is likely to encounter selling pressure from market participants. Consequently, there is a high probability of consolidation around these price levels. Given the broader market conditions, I anticipate even higher price targets in the future, but not from the current levels.
A pullback to the $2,100–$2,200 range would be an optimal zone for initiating buy positions, pending the emergence of new market variables.
The price targets of $2,500–$2,600 have been achieved.
At this moment, I would not rush into making trading decisions. We have reached a Premium Price level, where the price is likely to encounter selling pressure from market participants. Consequently, there is a high probability of consolidation around these price levels. Given the broader market conditions, I anticipate even higher price targets in the future, but not from the current levels.
A pullback to the $2,100–$2,200 range would be an optimal zone for initiating buy positions, pending the emergence of new market variables.
Almenio_WTF
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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.
Almenio_WTF
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.