Ethereum Follow up ( ETH) analysis

Ethereum Follow up ( ETH) analysis


Ethereum currency (ETH) is trading now at the area of $ 1650.01

Our review of the (ETH) is still in the preparation area or correction area since the last analysis we wrote on 14 Feb 2023 as we mentioned that it needs adequate trading volume to fly high.

 

By the way, it's the third month floating (not safe >> according to >> trading volume) toward an uptrend & at the same time is trying to achieve vital support areas to hit higher range prices.

Still looks healthy but risky, So be careful & keep an eye open to avoid negative correction moves, because they might be aggressive.

 

So it's risky traders' profits times at these areas level.

Not advisable for beginners trades, so please keep yourself on the right side until you trade with a clear uptrend direction matching the daily volume.

 

Overall; look carefully at our target, support & resistance below, which might help you in trading time.

 

Remember that long prep time will create a great fast jump.

 

Don’t Forget to Trade wisely as we advise buyers to keep open eyes at resistance & support areas that we mention below, never hesitate to place a stop loss, as breaking prices leads to another down support area 

 

As Shown in

The Chart Below

   

d82cafc9d0b6876e897ba4c24dc1efafbf30f669cbee6b3cb71675e48b045bb6.png

 

Prediction:

Same Target: exceed the area of $ 1800.00 & hit the area of $ 2010.00 with great volume.

The digital currency, Ethereum, if the area of $ 1460.00 has been broken, may target below $ 1075.00 levels.

 

Support & Resistance:

Support: $ 1482.00 - $ 1230.00

Resistance: $ 1680.00

 

Important:

The result depends on our personal Vision which could be right or wrong

 We analyze the past to predict the future.

 

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Ayman Crypto
Ayman Crypto

Cryptocurrency Analyst


CryptoCurrencies Analyst
CryptoCurrencies Analyst

Hello, Everybody Here is Ayman wishing you all the Best of luck in trading many more cryptocurrencies with pieces of Advice to handle them Very Easy & Earn more money.

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