Sparkster

Ethereum Monthly Analysis and Forecast

Long
BINANCE:ETHUSD   Ethereum
The monthly candle close for Ethereum was way above the significant horizontal level. Worse case scenario is that prices dip back down to the $390 level monetarily to confirm support along that horizontal, before price continuation strongly upwards.

Traders will avoid getting shaken out of positions if ETHUSD attempts that final shakeout.

It appears momentum is super strong for an epic September rally — aiming for our target of $535... or even pulling a run to the next target up at $844!

SparksterSignals had a 71.% winning trade on ETHUSD and yesterday opened a new trade with a BUY signal at $432 and so far up 9%. Check out our fully automated backtesting tool via the link below.

Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.

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.