ETHUSD This is how it reaches $2000

Ethereum is on a strong sell sequence paradoxically after its first 1D Golden Cross since August 7th 2021. At the moment the price is testing P1 (pivot) which has been going unnoticed. As long as it holds, with 1D technicals neutral (RSI = 45.634, MACD = 43.610, ADX = 25.785), target the R1 (TP = 1,760) and if a cross over it takes place, target R2 (TP = 2,000).

A cross-candle close under the 1D MA50 is a sell with TP = 1,345 (HL1 and S1 Support Cluster). Recovery back to P1 then which needs to break to open up the R1/ R2 targets as mentioned above.


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