In Daily timeframe, Ethereum look that the price it's into this consolidation, but I see in the candlestick analysis that the price forming a series of bullish pattern, and most recently the bullish hammer with a large wick of bullish rejection, indicating that bulls are interesting to lead the price to the upside.
So, our next target to trade will be like $1,500 USD as maximum to watch and study where's our support and resistance key in this chart.
So guys, I hope that this analsyis support you if you want to trade Ethereum.
Good luck!!!
I will check in H4 timeframe to know and make another analysis.
So, our next target to trade will be like $1,500 USD as maximum to watch and study where's our support and resistance key in this chart.
So guys, I hope that this analsyis support you if you want to trade Ethereum.
Good luck!!!
I will check in H4 timeframe to know and make another analysis.
