Today let's look at the technical analysis at Ethereum which shows us a pretty nice pattern that wants the price to head further up.
Table of Contents
The bullish scenario in ethereum
The upside scenario in ethereum is to hold the support and cpr support levels which should be $2400 as long as we are above the target I have for ETH is the $3300 levels.
The bearish scenario in ethereum
The bearish scenario is for the market to drop and close some big candle above the 1d below $2400, that's where I would look for the market to go all the way to $1972 and find a strong buying zone to go higher again.
Technical Analysis on ETH/BTC
eth/btc seems to be very strong and has entered a very nice level, personally I would look for the price to find resistance where it is on the descending line and goes to the price of 0.05385 sats there is a level that if the price holds it will go towards 0.06500 sats.
Cryptocurrency trading is VERY risky. Make sure you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your money
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