ETHUSD: Opportunities to increase in the medium term
Dear readers, at the beginning of the new trading week, ETHUSD shows a slight decline, currently trading at 3101, highlighting a 0.35% decrease for the day.
From the chart, we can see that ETH has broken out of the symmetrical triangle on the weekly timeframe. It is highly likely that the price will continue to increase in the medium term, and I expect ETH to rise to around 4800.
The upward trend is strong as it consolidates at high levels with stable trading activity on the weekly timeframe. As long as the support level around $2400 is maintained. What are your thoughts on this? Do you agree with me?
From the chart, we can see that ETH has broken out of the symmetrical triangle on the weekly timeframe. It is highly likely that the price will continue to increase in the medium term, and I expect ETH to rise to around 4800.
The upward trend is strong as it consolidates at high levels with stable trading activity on the weekly timeframe. As long as the support level around $2400 is maintained. What are your thoughts on this? Do you agree with me?
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what do you think?
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