Ethereum (ETH): Setting Entry For Long Now | Bullish Above EMAs

3 hari yang lalu

Ethereum seems doomed, but not that much. We dipped once again to EMAs, where this is our last support zone, which keeps our bullish view in play.

As long as buyers keep this zone under control (especially 200 EMA), we are looking for a reversal from here.

The target is to form a new ATH (we have time until March 2026).

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Catatan

ETH had another successful touch to support the zone near $2,700, which is marked as one of the important support zones at the current moment.

Buyers quickly reached and took back the dominance (by forming a market structure break on smaller timeframes).

Momentum looks good, but just for safety, I would keep SL even lower—at $2,500

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Catatan

ETH reached the first target, and now upon seeing a successful breakout from here, another upside movement can be expected.

The game plan remains simple: follow the trend. We had a good reversal MSB on lower zones and now we should just ride the break of structure zones (which we are currently waiting for as well).

2 jam yang lalu

Catatan

has a strong break of structure where price reached one of our targets and also secured an important zone (which was a first step towards the further movement to upper zones).

Looks very good, not going to lie.