ive used schiff picthfork, trend based fib extension, chart pattern , support resistance to get this level and conclusion
NOTE ; This could be long term call, buy eth at cmp my stop loss will be 1100 and target will be 2000 & 3500
Ethereum price is hovering inside a supply zone ($2,529 to $2,588), struggling to breach past it.
Two possibilities are possible here - a bullish spike that pushes ETH price above the said supply zone and proceeds to tackle the range high at $2,993.
Or a rejection at the supply zone that drags it down to the buy zone ($1,992 to $2,208).
If the bullish...
