ETHUSDT Weekly Analysis | 3M & 12M Supply/Demand Zones
Currently, Ethereum (ETHUSDT) is trading around $1803, sitting close to major higher timeframe zones:
3-Month Supply/Demand Zone: ~$1691
12-Month Supply/Demand Zone: ~$1557
Price has reacted strongly near the 3M S/D zone after a multi-month decline. Holding above this zone could indicate a potential bottom formation.
Reminder:
This is not financial advice. Always do your own research and trade with proper risk management.
Currently, Ethereum (ETHUSDT) is trading around $1803, sitting close to major higher timeframe zones:
3-Month Supply/Demand Zone: ~$1691
12-Month Supply/Demand Zone: ~$1557
Price has reacted strongly near the 3M S/D zone after a multi-month decline. Holding above this zone could indicate a potential bottom formation.
Reminder:
This is not financial advice. Always do your own research and trade with proper risk management.
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.
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.