ETHUSDT : Price increase but not stable!
Hello traders, let’s dive into the analysis of ETHUSDT together!
For today’s review, I’m focusing on the 1D chart, where the price is currently hovering around the $2,656 level.
Trend Overview:
ETHUSDT is showing signs of recovery, with nearly a 3% increase today. While the short-term trend is bullish, it’s clear that the broader, long-term downtrend hasn’t fully played out yet.
However, there’s reason to be optimistic. We could be on the verge of another upward movement as the pair gears up for the next correction, supported by the formation of two higher lows.
I expect ETH to rise again, gaining momentum from the marked support level.
Happy trading, and good luck!
For today’s review, I’m focusing on the 1D chart, where the price is currently hovering around the $2,656 level.
Trend Overview:
ETHUSDT is showing signs of recovery, with nearly a 3% increase today. While the short-term trend is bullish, it’s clear that the broader, long-term downtrend hasn’t fully played out yet.
However, there’s reason to be optimistic. We could be on the verge of another upward movement as the pair gears up for the next correction, supported by the formation of two higher lows.
I expect ETH to rise again, gaining momentum from the marked support level.
Happy trading, and good luck!
Publications connexes
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.