Ethereum / TetherUSUpdated ETH Long-Term Bullish Analysis: Targets $7,500 and Beyond
Ethereum is moving within a long-term ascending channel, currently testing the critical $4,000 resistance level. The price is above the Ichimoku cloud, signaling a bullish trend, while the MACD shows a strong upward crossover with increasing momentum. If $4,000 is broken, the next targets are $7,500 and potentially $16,000-$24,000 in the long term. Otherwise, a short-term pullback to the support line is possible.
This is not financial advice and reflects my personal opinion only
This is not financial advice and reflects my personal opinion only
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Special thanks to Dr. Mosadegh for the insights. Follow his channel: https:// t.me/ drmmosadegh
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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.