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Ethereum 3.5k or 2k? ๐Ÿง๐Ÿค” let's see what the chart says!

Ethereum 3.5k or 2k? ๐Ÿง๐Ÿค” let's see what the chart says!

Ethereum 3.5k or 2k? ๐Ÿง๐Ÿค” let's see what the chart says!

Ethereum 3.5k or 2k? ๐Ÿง๐Ÿค” let's see what the chart says!

ETHUSDT Perpetual Contract BYBIT:ETHUSDT
rpv0410


Ethereum 3.5k or 2k? ๐Ÿง๐Ÿค” let's see what the chart says!

This Ethereum analysis is designed to be able to have a good bullish and bearish vision of what could happen in the coming weeks.

The chart is designed to be used with progressive buys and sales, the blue lines and rectangles represents good targets for buys while the green ones are ideal for sales (Always progressive), I have also found a triangle that might break with great volume , that is why I have put there 2 possible trades with great Reward/Ratio in case it pump or dump, the SL are designed to put them at the last low of the trend after the triangle breakout.
Personally, I am expecting a small drop driven by a Bitcoin retest over 35k, that 35k could be 2.4k in Eth, after that, an upward rally to then start a crypto-winter less aggressive than the previous ones due to the large capital that has been coming in cryptos from institutions since 2021

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