Ethereum’s Accumulation Phase Ends – What’s Next?
Ethereum has successfully broken above the accumulation zone, indicating a potential bullish continuation. The price is now approaching a critical descending trendline resistance (blue line), where a breakout could trigger further upside momentum.
Key Observations:
Breakout from Accumulation: The price has cleared a consolidation phase, suggesting renewed buying interest.
Next Resistance (Green Box): The immediate hurdle is the descending trendline resistance within the green box. A breakout and successful retest of this level could push the price toward the next major resistance.
Key Observations:
Breakout from Accumulation: The price has cleared a consolidation phase, suggesting renewed buying interest.
Next Resistance (Green Box): The immediate hurdle is the descending trendline resistance within the green box. A breakout and successful retest of this level could push the price toward the next major resistance.
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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.