ETH/USDT – 4H Chart Update
ETH is trading inside a rising wedge / ascending structure, holding higher lows.
Price is pushing toward the descending trendline resistance around $3,180–3,220.
Support: $3,000 – $2,950 (trendline + moving averages zone)
Major Support: $2,500 (long-term demand zone)
A clean breakout and hold above the trendline can trigger a strong upside move toward $3,400 → $3,700.
Rejection from resistance may lead to a short-term pullback, but the overall structure remains constructive above support.
⚠️ Trade with confirmation and proper risk management.
ETH is trading inside a rising wedge / ascending structure, holding higher lows.
Price is pushing toward the descending trendline resistance around $3,180–3,220.
Support: $3,000 – $2,950 (trendline + moving averages zone)
Major Support: $2,500 (long-term demand zone)
A clean breakout and hold above the trendline can trigger a strong upside move toward $3,400 → $3,700.
Rejection from resistance may lead to a short-term pullback, but the overall structure remains constructive above support.
⚠️ Trade with confirmation and proper risk management.
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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.
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.