By analyzing the Ethereum chart on the weekly timeframe, we can see that the price has started rising just as expected and is now approaching the first target. For now, ETH faces major resistance in the $2,600–$2,900 zone.
If price breaks above this key area, I expect a strong bullish move from Ethereum!
Based on the main analysis, the short-term targets are $2,700 and $2,890, while the mid-term targets are $3,100 and $4,100.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
If price breaks above this key area, I expect a strong bullish move from Ethereum!
Based on the main analysis, the short-term targets are $2,700 and $2,890, while the mid-term targets are $3,100 and $4,100.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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⚜️ Free Telegram Channel : t.me/PriceAction_ICT
⚜️ JOIN THE VIP : t.me/PriceAction_ICT/5946
⚜️ Contact Me : t.me/ArmanShabanTrading
💥Join BitMart Exchange – Ultra Low Fees : bitmart.com/invite/c5JVJK/en-US
⚜️ JOIN THE VIP : t.me/PriceAction_ICT/5946
⚜️ Contact Me : t.me/ArmanShabanTrading
💥Join BitMart Exchange – Ultra Low Fees : bitmart.com/invite/c5JVJK/en-US
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.