weekly chart for ETH/USDT.
The weekly chart for ETH/USDT shows Ethereum trading within a descending triangle structure, with the lower support trend line indicating potential price stability around the $2,400 level. The upper resistance line is seen near $3,600.
Currently, the price is at around $2,445, having recently declined by around 2.89%. The chart suggests potential upward movement if the price breaks above the resistance line, which could test the previous highs.
Key Levels to Keep an Eye on: If Ethereum can break the resistance, the bullish momentum could strengthen; conversely, a drop below the support could indicate a bearish trend ahead. It will be important to monitor volume and market sentiment for the next action.
If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters!
Thanks for your support!
DYOR. NFA
Currently, the price is at around $2,445, having recently declined by around 2.89%. The chart suggests potential upward movement if the price breaks above the resistance line, which could test the previous highs.
Key Levels to Keep an Eye on: If Ethereum can break the resistance, the bullish momentum could strengthen; conversely, a drop below the support could indicate a bearish trend ahead. It will be important to monitor volume and market sentiment for the next action.
If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters!
Thanks for your support!
DYOR. NFA
منشورات ذات صلة
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.