📈 ETH/USD Technical Analysis – Strong Uptrend with Key Support
Trend Direction ➡️
The chart shows a clear bullish trend supported by an upward sloping trendline (green). Price action is consistently forming higher highs and higher lows, confirming strong upward momentum.
Support Zone 🟪
The highlighted support area (3,600 – 4,000) has been tested successfully. Price bounced strongly from this zone, showing buyers are actively defending this level.
Breakout & Momentum 🚀
After retesting support, ETH broke above the recent consolidation and is now trading around 4,843, pushing towards new highs. This signals bullish continuation if volume supports the move.
Trendline Confirmation 📐
The trendline has acted as a dynamic support multiple times. As long as ETH trades above it, the bullish trend remains intact.
Outlook 🔮
If ETH stays above 4,800, the next potential target could be 5,200+.
If price breaks below the trendline and the 3,600 support zone, bearish correction may begin.
✅ Summary: ETH is in a strong bullish trend 🚀, supported by both the trendline and key support zone. Short-term outlook remains bullish as long as 4,800 holds.
Trend Direction ➡️
The chart shows a clear bullish trend supported by an upward sloping trendline (green). Price action is consistently forming higher highs and higher lows, confirming strong upward momentum.
Support Zone 🟪
The highlighted support area (3,600 – 4,000) has been tested successfully. Price bounced strongly from this zone, showing buyers are actively defending this level.
Breakout & Momentum 🚀
After retesting support, ETH broke above the recent consolidation and is now trading around 4,843, pushing towards new highs. This signals bullish continuation if volume supports the move.
Trendline Confirmation 📐
The trendline has acted as a dynamic support multiple times. As long as ETH trades above it, the bullish trend remains intact.
Outlook 🔮
If ETH stays above 4,800, the next potential target could be 5,200+.
If price breaks below the trendline and the 3,600 support zone, bearish correction may begin.
✅ Summary: ETH is in a strong bullish trend 🚀, supported by both the trendline and key support zone. Short-term outlook remains bullish as long as 4,800 holds.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.