📈 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.
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.