Hello Traders,
Let's dive into an Ethereum update in a 2-day timeframe.
Ethereum has been on a remarkable upward trajectory for the past 20 days, and we're yet to see any significant correction in the market. While we've all been anticipating a healthy correction, it appears that ETH still has some momentum left to potentially reach the $2,000 mark. Looking at the chart, it's evident that Ethereum has broken above the resistance trendline, setting the stage for a potential move to $2,000, where we encounter robust resistance. In the event of a correction from this point after reaching $2,000, I anticipate ETH could retrace to the support range of $1,750 to $1,800.
Key Takeaways:
1. The $2,000 mark may be on the horizon if the bullish trend continues.
2. We're still awaiting a market correction.
3. Expect potential support around $1,750 to $1,800.
That wraps up this update. I trust you've found this information valuable. This video is for educational purpose only, do not consider this as financial advice. Please show your support by liking, sharing, and subscribing.
Thank you for your time, and happy trading!
Let's dive into an Ethereum update in a 2-day timeframe.
Ethereum has been on a remarkable upward trajectory for the past 20 days, and we're yet to see any significant correction in the market. While we've all been anticipating a healthy correction, it appears that ETH still has some momentum left to potentially reach the $2,000 mark. Looking at the chart, it's evident that Ethereum has broken above the resistance trendline, setting the stage for a potential move to $2,000, where we encounter robust resistance. In the event of a correction from this point after reaching $2,000, I anticipate ETH could retrace to the support range of $1,750 to $1,800.
Key Takeaways:
1. The $2,000 mark may be on the horizon if the bullish trend continues.
2. We're still awaiting a market correction.
3. Expect potential support around $1,750 to $1,800.
That wraps up this update. I trust you've found this information valuable. This video is for educational purpose only, do not consider this as financial advice. Please show your support by liking, sharing, and subscribing.
Thank you for your time, and happy trading!
