Ethereum (ETH/USD) Breakout from Falling Wedge – Bullish Momentum Ahead?
This 4-hour Ethereum chart shows a breakout from a falling wedge pattern, a bullish reversal formation. The price has started forming higher lows, signaling potential upside movement. The projected target is around $2,411, indicating a significant recovery.
A successful retest of the breakout level could confirm further upward momentum. Traders may consider long positions while monitoring resistance levels.
📌 Key Levels:
Support: ~$1,879
Target: ~$2,411
Resistance Zones: $2,100 - $2,200
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This 4-hour Ethereum chart shows a breakout from a falling wedge pattern, a bullish reversal formation. The price has started forming higher lows, signaling potential upside movement. The projected target is around $2,411, indicating a significant recovery.
A successful retest of the breakout level could confirm further upward momentum. Traders may consider long positions while monitoring resistance levels.
📌 Key Levels:
Support: ~$1,879
Target: ~$2,411
Resistance Zones: $2,100 - $2,200
Would you like me to refine this further? 🚀
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.