Salaam
Here I share with you the daily chart that I see.
2900 was broken and serves as support now.
The violet ascending trend line (coincide with the middle line of the parallel channel) acts as resistance now intersects with 3170 key level.
Regarding the price action making 3 candles beside any key levels will lead to a break.
So I expect ETH to break 3170 and go to the next resistance about 3600.
Personally, I buy some here and will add after break 3170 and retest it as support.
SL: 2900
TP: 3600
Good luck
Here I share with you the daily chart that I see.
2900 was broken and serves as support now.
The violet ascending trend line (coincide with the middle line of the parallel channel) acts as resistance now intersects with 3170 key level.
Regarding the price action making 3 candles beside any key levels will lead to a break.
So I expect ETH to break 3170 and go to the next resistance about 3600.
Personally, I buy some here and will add after break 3170 and retest it as support.
SL: 2900
TP: 3600
Good luck
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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.