ETHUSDT – H2 – Ascending Trendline Continuation Setup
Ethereum is maintaining a constructive bullish structure after rebounding from a strong demand zone and establishing a series of higher highs and higher lows. Price has successfully reclaimed key support and is now holding above a rising trendline, indicating that buyers remain in control of the short-term trend.
The recent pullback appears to be a healthy retest of the ascending trendline rather than a trend reversal. As long as ETH continues to respect this dynamic support, bullish momentum may strengthen toward the next resistance levels. A confirmed move above the first resistance could trigger an extended rally toward the higher target zone.
If the Bullish Structure Holds
🟢 1st Resistance: 1,920.00
🟢 2nd Resistance: 1,980.00
🔴 Support Zone: 1,820.00 – 1,840.00
⚠️ Disclaimer: This analysis is for educational purposes only. Always wait for confirmation before entering a trade and apply proper risk management to protect your capital.
Ethereum is maintaining a constructive bullish structure after rebounding from a strong demand zone and establishing a series of higher highs and higher lows. Price has successfully reclaimed key support and is now holding above a rising trendline, indicating that buyers remain in control of the short-term trend.
The recent pullback appears to be a healthy retest of the ascending trendline rather than a trend reversal. As long as ETH continues to respect this dynamic support, bullish momentum may strengthen toward the next resistance levels. A confirmed move above the first resistance could trigger an extended rally toward the higher target zone.
If the Bullish Structure Holds
🟢 1st Resistance: 1,920.00
🟢 2nd Resistance: 1,980.00
🔴 Support Zone: 1,820.00 – 1,840.00
⚠️ Disclaimer: This analysis is for educational purposes only. Always wait for confirmation before entering a trade and apply proper risk management to protect your capital.
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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.