📊 Technical Analysis
● ETH blasted above the long‑term resistance line of the descending wedge, flipping it to support and signalling trend reversal.
● Price is riding a new rising channel; holding the mid‑channel support level (~$2 300) sets sights on the marked resistance level at $2 540 – 2 600.
✨ Summary
Wedge breakout + renewed ETF optimism favour a short‑term long: objectives $2 540 → $2 600+; strategy invalidated on a sustained drop below $2 200.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
● ETH blasted above the long‑term resistance line of the descending wedge, flipping it to support and signalling trend reversal.
● Price is riding a new rising channel; holding the mid‑channel support level (~$2 300) sets sights on the marked resistance level at $2 540 – 2 600.
✨ Summary
Wedge breakout + renewed ETF optimism favour a short‑term long: objectives $2 540 → $2 600+; strategy invalidated on a sustained drop below $2 200.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached
Closed +8%
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.