Mihai_Iacob

Ethereum- Buy on confirmation

Long
COINBASE:ETHUSD   Ethereum
After reaching its peak at 4000 on March 11th, ETHUSD began to correct lower towards the 3000 zone, which is the next important level.
Despite bearish attempts to push the price below this level over the past trading month, they have failed each time.

The decline from the recent peak at 4000 is also confined within a falling wedge pattern, which typically indicates a reversal to the upside.

This scenario becomes more plausible with a break above the confluence resistance ranging from 3200 to 3250.
In such an instance, we could anticipate the upward momentum to persist, potentially leading the price to retest the 4000 zone once again.



🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.