ETH/USDT 1D Analysis
Ethereum is currently correcting towards the $2,868.68 level (Fibonacci 0.618) on the daily time frame. This move aligns with a potential Inverted Head and Shoulders (IHS) pattern forming—a bullish reversal setup.
If this pattern plays out and ETH maintains support at this critical level, we could see a breakout that challenges its all-time high (ATH) in the coming weeks.
Key Levels to Watch:
Fibonacci Support: $2,868.68 (0.618 Fib level)
Confirmation Zone: A clear breakout above the neckline of the IHS.
Target: Breaking ATH and beyond if momentum holds.
What to Look For:
Bullish volume increase near support zones.
Confirmation of the IHS pattern for a long-term bullish outlook.
Are you ready for the breakout? 🚀
Disclaimer: This is not financial advice. Always do your own research.
If this pattern plays out and ETH maintains support at this critical level, we could see a breakout that challenges its all-time high (ATH) in the coming weeks.
Key Levels to Watch:
Fibonacci Support: $2,868.68 (0.618 Fib level)
Confirmation Zone: A clear breakout above the neckline of the IHS.
Target: Breaking ATH and beyond if momentum holds.
What to Look For:
Bullish volume increase near support zones.
Confirmation of the IHS pattern for a long-term bullish outlook.
Are you ready for the breakout? 🚀
Disclaimer: This is not financial advice. Always do your own research.
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.