By analyzing the Ethereum chart on the weekly timeframe, we can see that after climbing to $4,700, the price pulled back and is now trading around $4,500. If ETH can hold above the $4,480 level, we can expect more upside.
However, today the market will be very volatile due to the Fed interest rate decision. With that condition in mind, the next possible bullish targets for Ethereum are $5,100, $5,500, and $6,000.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
However, today the market will be very volatile due to the Fed interest rate decision. With that condition in mind, the next possible bullish targets for Ethereum are $5,100, $5,500, and $6,000.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Trade active
Since my last analysis, Ethereum has pushed higher and reached $4,680, showing strong bullish momentum. As long as the price holds above the $4,480 support zone, the upside outlook remains intact.With this momentum, the next bullish targets for Ethereum stay at $5,100, $5,500, and $6,000. Traders should keep an eye on volatility, especially around macro events, but the current trend favors further continuation to the upside.
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⚜️ Free TG Channel : t.me/PriceAction_ICT
⚜️ Contact for VIP : t.me/ArmanShabanTrading
🎉 The Best Crypto Exchange (50% Bonus) : lbank.com/ref/4Y77P
✅ My Social Networks in one Place : linktr.ee/ArmanShabanTrading
⚜️ Contact for VIP : t.me/ArmanShabanTrading
🎉 The Best Crypto Exchange (50% Bonus) : lbank.com/ref/4Y77P
✅ My Social Networks in one Place : linktr.ee/ArmanShabanTrading
Related publications
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.