Ethereum is trading in a bullish plane, above the previously broken resistance of the upward range, which tells us that the market is in a bullish trend phase forming a retest of support as part of a counter-trend correction.
The entire cryptocurrency market is standing still in anticipation of a bitcoin halving, which could happen in 3 days. How the market will react is unknown, there is a high probability to see a long-slide before further growth or growth at once.
Resistance levels: 3200, 3730
Support levels: 2910, 2850, Channel Border
Technically, another retest of the support is possible, but we should wait for the formation of a reversal pattern relative to the lower levels in order to catch the growth. Or we should pay attention to 3200 and wait for the formation of a pre-breakout setup and trade the breakdown of resistance.
Regards R. Linda!
Trade active
Price is headed for a retest of supportTrade active
The price is in the waiting phase. Consolidation between strong levels is formingTrade active
Consolidation above 3200 will be a good upside potentialTrade active
The fight between sellers and buyers in the 3200 zone.🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
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.
🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
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.