Finally main goal for correction since december has been reached!
ETH hit 1550$.
For more detailed idea check this one
On 3D timeframe you can see that StochRSI is trending UP, means momentum is building for next move UP.
RSI may finish to form a bullish divergence in coming days.
Also price hit liquidity zone since oct. 2023. This level has to show us some buy pressure.
Next short term target could be 2808$ which is 80% above from current level.
2 reasons for this price:
ETH hit 1550$.
For more detailed idea check this one
On 3D timeframe you can see that StochRSI is trending UP, means momentum is building for next move UP.
RSI may finish to form a bullish divergence in coming days.
Also price hit liquidity zone since oct. 2023. This level has to show us some buy pressure.
Next short term target could be 2808$ which is 80% above from current level.
2 reasons for this price:
- 200MA
- Liquidity and resistance zone since february
Trade active
Price has finished bear flag Target - 1381$ were touched.SRSI formed strong bullish divergence on 12h timeframe and RSI is trying to reverse. Lets see how new trend is forming.
Note
Ethereum almost reached its target of 2808$. Right now price most likely will cool off and starts trading in consolidation. Later in May price could finally reach 2808$ and next market crash will begin Trade closed: target reached
Idea is almost finished. 2808$ will be reached until the end of MAY. Then market will face another crash. Be prepared.
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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.
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.