Demand Zone: This area marks where ETH found buyers over multiple months, rejecting further declines. Historically, when price revisits this zone after a sell-off, it tends to bounce. The recent reaction confirms buyers are active and defending this level.
Major Resistance (4,109 USD): It shows a prior weekly high and an expected supply or resistance area. This level also aligns with a golden pocket Fibb level, making it a confluence point where sellers could re-enter or bulls take profits.
Invalidation point: Weekly close below demand zone or multiple rejections with lower highs near demand.
Major Resistance (4,109 USD): It shows a prior weekly high and an expected supply or resistance area. This level also aligns with a golden pocket Fibb level, making it a confluence point where sellers could re-enter or bulls take profits.
Invalidation point: Weekly close below demand zone or multiple rejections with lower highs near demand.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.