By analyzing the Ethereum chart on the weekly timeframe, we can see that Ethereum, similar to Bitcoin, has started a correction — dropping as low as $3,050 earlier today and now trading around $3,300.
Key demand zones to watch are at $2,900, $2,700, and especially $2,500, which is a major support area. If price dips into this zone, I expect a strong bullish reaction from buyers. This analysis will be updated once confirmation appears on the chart.
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
Key demand zones to watch are at $2,900, $2,700, and especially $2,500, which is a major support area. If price dips into this zone, I expect a strong bullish reaction from buyers. This analysis will be updated once confirmation appears on the chart.
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
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.