ETH’s Next Move: Is $3,600 Within Reach for This Bull Run?
Hey Realistic Traders, Is 
ETHUSDT About to Make New High Again? Let’s Dive In....
On the H4 timeframe, ETHUSDT rebounded above the 38.2% Fibonacci level, marking the completion of wave 4. Within this wave, a symmetrical triangle pattern formed and recently broke out above the upper trendline. This breakout was further confirmed by a bullish MACD crossover, signaling increasing momentum and strengthening the case for a continued upward move.
Based on these technical signals, I anticipate a potential upward movement toward the first target at $3,376. After reaching this level, a minor pullback is likely before the rally continues toward a new high at $3,684.
This outlook remains valid as long as the price holds above the stop-loss level at 3,008.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Ethereum.
ETHUSDT About to Make New High Again? Let’s Dive In....On the H4 timeframe, ETHUSDT rebounded above the 38.2% Fibonacci level, marking the completion of wave 4. Within this wave, a symmetrical triangle pattern formed and recently broke out above the upper trendline. This breakout was further confirmed by a bullish MACD crossover, signaling increasing momentum and strengthening the case for a continued upward move.
Based on these technical signals, I anticipate a potential upward movement toward the first target at $3,376. After reaching this level, a minor pullback is likely before the rally continues toward a new high at $3,684.
This outlook remains valid as long as the price holds above the stop-loss level at 3,008.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Ethereum.
Transaction en cours
Consolidation Phase Breakout usually indicates a continuation of ongoing trend
Trade fermée: cible de profit atteinte
Target 1 Reached, It may go to the second target if it breaks the peak of wave 3.
Note
Hit the second Target
We will probably see a minor correction in ETH
Note
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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.