EthereumLong
Important scenario for ETHUSDT! ✅
Welcome to our Ethereum analysis, we are looking at the 1-hour timeframe perspective and what could be a likely scenario from ETH in the upcoming days.
Ethereum finally made its new all-time-high which is a great sign. Nevertheless, given the new all-time-high we need to ensure that it is fully validated because it is not uncommon to see such a price-move supported by a bull-trap, this is why we want to see Ethereum doing the correct price-actions. Hence our analysis with all the important levels given and the likely outcome.
For possible purchases, we consider an entry into the area of $1160. If we see a decline in that area, we will look for a buy signal. We'll keep you all updated.
Ethereum finally made its new all-time-high which is a great sign. Nevertheless, given the new all-time-high we need to ensure that it is fully validated because it is not uncommon to see such a price-move supported by a bull-trap, this is why we want to see Ethereum doing the correct price-actions. Hence our analysis with all the important levels given and the likely outcome.
For possible purchases, we consider an entry into the area of $1160. If we see a decline in that area, we will look for a buy signal. We'll keep you all updated.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.