Resistance: resistance zone is located between $4,700 and $4,800, it is all time high level there are some profit booking whic led to a short reversal,
Support:The primary support is the rising trendline, which has been guiding the price upwards since early September.
There's also a strong horizontal support zone between $4,100 and $4,200. A break below the rising trendline would likely test this lower support level.
An intermediate support level is visible around $4,300 to $4,400, which is where the price is currently hovering.
Ethereum is currently in a high-stakes waiting game. The price is consolidating, building energy for its next major move or all time high. The most prudent strategy is to remain patient and wait for a confirmed breakout or breakdown before entering a position. Waiting for a break of the key resistance at $4,700 or the key support at $4,100 provides a clear entry signal and allows for better risk management.
Support:The primary support is the rising trendline, which has been guiding the price upwards since early September.
There's also a strong horizontal support zone between $4,100 and $4,200. A break below the rising trendline would likely test this lower support level.
An intermediate support level is visible around $4,300 to $4,400, which is where the price is currently hovering.
Ethereum is currently in a high-stakes waiting game. The price is consolidating, building energy for its next major move or all time high. The most prudent strategy is to remain patient and wait for a confirmed breakout or breakdown before entering a position. Waiting for a break of the key resistance at $4,700 or the key support at $4,100 provides a clear entry signal and allows for better risk management.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.