Hi Traders, Investors and Speculators of Charts ๐๐
Ethereum has made a clear turnaround to the upside after a successful retest of support zone $1600 and we observe some additional bullish price action on the ETHUSDT chart:
๐ Lower Highs / Chart- and Trendline Analysis ๐ Double Bottom Candles / Candlestick Analysis ๐ Strong V-Shaped Recovery - Chart Analysis ๐ Buy from Technical Indicator / TA Analysis
The most likely next stop for ETHUSD short-term is the psychological resistance zone of 2K and then beyond in the near-term, possibly around $2300.
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