Will $ETH hit $2000 or $4000 first?
EliteCryptoSignals
1 year ago
Technical analysis shows strong support for ETH at the $1000, $1500, and $2300 levels. ETH has been trading inside this channel for over two years now. After the recent touch of the support, the support has solidified itself even further. Another touch of the bottom support would potentially be great news for the bulls. Seeing that we already touched it recently, we can use the wick as a clear stop level. Target placed at the top of the channel, $5000. This will create a great trade with a RR of 8.5. Keep in mind that the support could potentially also break down. This would indicate a long-term bearish shift in trend.
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| User | Date |
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| n/a | 1 year ago |
| 234234234 | 1 year ago |