TheSignalyst

ETH - A Major High To Be Broken in 2024

BITRUE:ETHUSDT   ETHEREUM/TETHER USDT
Hello TradingView Family / Fellow Traders,

ETH has been hovering within a range for a couple of weeks, now fluctuating between 2120.0 and 2320.0.

๐Ÿ“ˆ For the bulls to remain in control and take over from a medium-term perspective again, we need an H4 candle close above the range, at 2320.0

In this case, a movement to the 2,500 round number and upper red trendline would be expected.

๐Ÿ“‰ Meanwhile, ETH would be stuck inside a range, but the bulls will remain in control as long as the 2,100 level holds.

๐Ÿ“š Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

This analysis is done using RichTL
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