ETH/USDT 1DAY CHART UPDATE !!
Ethereum has recovered from the lower boundary of the descending channel and is currently trading above $3,300. The next significant resistance level lies around $3,400. A break above this level could see ETH target the $3,600 mark.
Support is strong at $2,950, which aligns with the previous consolidation zone and the lower boundary of the descending channel.
A break and close above $3,400 with high volume could target $3,600 and above.
Failure to break $3,400 could lead to a retest of the $2,950 support area.
Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
Support is strong at $2,950, which aligns with the previous consolidation zone and the lower boundary of the descending channel.
A break and close above $3,400 with high volume could target $3,600 and above.
Failure to break $3,400 could lead to a retest of the $2,950 support area.
Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!
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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.