ETH/USDT Technical Analysis: $1720 Resistance Level Holds...
ETH/USDT Technical Analysis: $1720 Resistance Level Holds Key to Potential $3000 Price Surge:-
#ETH/USDT Technical Analysis:
As of now, the current trading price of
ETH is $1636, with the cryptocurrency trading in a parallel channel in the $1500-$1700 trading range. The major resistance level of $1720 is yet to be broken.
It's important to note that if the resistance level of $1720 is breached, it could result in a bullish market trend, potentially driving the price ofETH to $2500-$3000. However, if the resistance level is not broken and instead rejected with high volume, we may see a decline in price to around $1300.
Traders should also keep a close eye on the big time frame triangle breakout, as this can provide insight into future market trends.
In summary, the support levels forETH are $1500 and $1300, while the resistance levels are $1720, $2000, and $3000. If you found this analysis helpful, please like, share, and follow for more updates.
Thank you.
#ETH/USDT Technical Analysis:
As of now, the current trading price of
ETH is $1636, with the cryptocurrency trading in a parallel channel in the $1500-$1700 trading range. The major resistance level of $1720 is yet to be broken.It's important to note that if the resistance level of $1720 is breached, it could result in a bullish market trend, potentially driving the price of
ETH to $2500-$3000. However, if the resistance level is not broken and instead rejected with high volume, we may see a decline in price to around $1300.Traders should also keep a close eye on the big time frame triangle breakout, as this can provide insight into future market trends.
In summary, the support levels for
ETH are $1500 and $1300, while the resistance levels are $1720, $2000, and $3000. If you found this analysis helpful, please like, share, and follow for more updates.Thank you.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
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.