The coin has been corrected. The 50MA retest on the daily timeframe was successful. The rocket is ready to fly to 10K
This is my view on ETHUSD pair for the long term. Bulls will probably try to push to 2.6k if that happens expect a big rejection. Either way u should expect bottom ~$855/$666/$555 - Weekly MACD (Neutral but Bears got this) - Weekly Pekipek's Divergence BETA (No signal yet) - Weekly RSI (Still under Bears control) - Weekly Stochastic RSI (Neutral) - Weekly Cipher...
Ethereum is als approaching 3 major resistances. Crossing them it can bloom. The 3 resistances and one support it has are as under: Resistance 1: 2081. Resistance 2: 2344. (50 Weeks EMA). Resistance 3: 2503. Major Support: 1604 (200 Weeks EMA).
Update: ETHUSD Swing Opportunity Currently 53%, 9% Gain to Target 🎯 @ $3,617. See previous analysis below. Happy Trading :) Update 10/08/2021: ETHUSD Currently 6% In Profit 12% Target 🎯 Now 44% in profit from the 13 EMA 50 SMA crossover. Next target @ $3617 and new ATH @ 4804 before October.