ETH’s Next Move: Is $3,600 Within Reach for This Bull Run?
Hey Realistic Traders, Is 
ETHUSDT About to Make New High Again? Let’s Dive In....
On the H4 timeframe, ETHUSDT rebounded above the 38.2% Fibonacci level, marking the completion of wave 4. Within this wave, a symmetrical triangle pattern formed and recently broke out above the upper trendline. This breakout was further confirmed by a bullish MACD crossover, signaling increasing momentum and strengthening the case for a continued upward move.
Based on these technical signals, I anticipate a potential upward movement toward the first target at $3,376. After reaching this level, a minor pullback is likely before the rally continues toward a new high at $3,684.
This outlook remains valid as long as the price holds above the stop-loss level at 3,008.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Ethereum.
ETHUSDT About to Make New High Again? Let’s Dive In....On the H4 timeframe, ETHUSDT rebounded above the 38.2% Fibonacci level, marking the completion of wave 4. Within this wave, a symmetrical triangle pattern formed and recently broke out above the upper trendline. This breakout was further confirmed by a bullish MACD crossover, signaling increasing momentum and strengthening the case for a continued upward move.
Based on these technical signals, I anticipate a potential upward movement toward the first target at $3,376. After reaching this level, a minor pullback is likely before the rally continues toward a new high at $3,684.
This outlook remains valid as long as the price holds above the stop-loss level at 3,008.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Ethereum.
Trade attivo
Consolidation Phase Breakout usually indicates a continuation of ongoing trend
Trade chiuso: obiettivo raggiunto
Target 1 Reached, It may go to the second target if it breaks the peak of wave 3.
Nota
Hit the second Target
We will probably see a minor correction in ETH
Nota
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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.