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Ethusdtradeidea

Ethereu ETHUSDT Price Outlook: Key Resistance at 2005–2055 Level"On the Daily Time Frame, the levels 2005.00 and 2055.21 are key resistance zones. If the price approaches this area, there is a high probability of rejection. Should the market show bearish confirmation on the 1-hour time frame from this region, it may indicate a potential move lower—possibly to hunt liquidity near the trendline around 1730. Further downside could lead the price into the demand zone between 1600 and 1500, where it may find support." No trade setup is ever 100% certain. Every trade carries both risk and reward. Effective risk management is the key to long-term success in trading. Thanks for Your Support.
Short
by Anonymous_2035
11
ETH could hit 245 dollorETH is following ascending channel since its last fall to 86 dollars, On 30th April it tried to break out upward channel resistance but unable sustain the movement and thereafter it is moving downward with slight resistance of trend line that is depicted with green color. The white lines are Fibonacci retrenchment level 0.5,0.61,0.786 that represents 187, 211, 245 level respectively,the price is facing resistance from 211. If price breaks that level it will hit 245 level within next 2 to 3 days , buy it at 215 with volume confirmation
Short
by OK_Rane

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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