ETH/USDT Weekly Chart Analysis.
Structure: The chart shows a large cup-and-handle pattern – a classic bullish formation that signals a long-term trend reversal.
Current Price: Around $4,150, trading above the $3,470-$3,600 support area, which was the previous breakout area.
Moving Average (MA): ETH remains above the weekly MA (~$3,460) – confirming bullish momentum.
Breakout Area: The key downtrend line of 2022 has already been broken to the upside, showing strength.
Upside Target: If ETH maintains a price above $3,600, a potential upside move towards $7,000-$7,200 (≈ approximately +85%) is possible, as shown in the chart.
ETH is consolidating after its breakout, remaining stable above its support level.
Holding $3,600 → Bullish momentum likely to continue.
Loss of $3,400 → Could trigger a deeper decline towards $3,000.
DYOR | NFA
Structure: The chart shows a large cup-and-handle pattern – a classic bullish formation that signals a long-term trend reversal.
Current Price: Around $4,150, trading above the $3,470-$3,600 support area, which was the previous breakout area.
Moving Average (MA): ETH remains above the weekly MA (~$3,460) – confirming bullish momentum.
Breakout Area: The key downtrend line of 2022 has already been broken to the upside, showing strength.
Upside Target: If ETH maintains a price above $3,600, a potential upside move towards $7,000-$7,200 (≈ approximately +85%) is possible, as shown in the chart.
ETH is consolidating after its breakout, remaining stable above its support level.
Holding $3,600 → Bullish momentum likely to continue.
Loss of $3,400 → Could trigger a deeper decline towards $3,000.
DYOR | NFA
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관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.