Is Ethereum preparing for a strong launch? In-depth technical analysis $ETH
Ethereum $ETH is currently experiencing interesting technical movements, showing a clear upward trend on medium time frames.
📊 Technical indicators: $ETH
Formation of higher highs and lows (upward trend)
Strong pressure below a major resistance level
Gradual increase in trading volume
📍 Important levels:
Support level: $2900
Resistance level: $3200
💡 Expected scenario: If the $3200 level is breached with a strong close, we may witness a wave of rise towards $3500 🚀
However, in case of rejection, a retest of the support level is likely
⚠️ Alert: The market is greatly affected by economic news, especially related to interest rates
📈 Suggested strategy:
Gradual entry
Set stop loss below support
#Ethereum #ETH #Crypto #trading
Ethereum $ETH is currently experiencing interesting technical movements, showing a clear upward trend on medium time frames.
📊 Technical indicators: $ETH
Formation of higher highs and lows (upward trend)
Strong pressure below a major resistance level
Gradual increase in trading volume
📍 Important levels:
Support level: $2900
Resistance level: $3200
💡 Expected scenario: If the $3200 level is breached with a strong close, we may witness a wave of rise towards $3500 🚀
However, in case of rejection, a retest of the support level is likely
⚠️ Alert: The market is greatly affected by economic news, especially related to interest rates
📈 Suggested strategy:
Gradual entry
Set stop loss below support
#Ethereum #ETH #Crypto #trading