Eth established strong floor. Rise to 4k next?

7 Apr

Like the entire crypto market, ETHUSD has initiated a much-needed correction since mid-March.
After an initial dive to the 3k zone, Ethereum recovered and made a local high at 3.6k. Subsequently, another drop occurred, but bulls held strong at the 3.2k zone, establishing a solid floor.
At the time of writing, the price is near 3.4k, and bulls appear to be in control. I anticipate a continuation to the upside, with a new test of the 4k resistance level.
I will maintain my bullish stance as long as the price remains above 3.2k in terms of daily closing.

8 Apr

Catatan

Eth has risen, as expected
Now is facing interim resistance and a breath of this level would expose 4k

9 Apr

Catatan

Ethereum has cleared 3650 zone resistance.
The focus is now on 4k important zone