This is my view on ETHUSD pair for the long term.
Bulls will probably try to push to 2.6k if that happens expect a big rejection. Either way u should expect bottom ~$855/$666/$555
- Weekly MACD (Neutral but Bears got this)
- Weekly Pekipek's Divergence BETA (No signal yet)
- Weekly RSI (Still under Bears control)
- Weekly Stochastic RSI (Neutral)
- Weekly Cipher...
Ethereum is als approaching 3 major resistances. Crossing them it can bloom. The 3 resistances and one support it has are as under:
Resistance 1: 2081.
Resistance 2: 2344. (50 Weeks EMA).
Resistance 3: 2503.
Major Support: 1604 (200 Weeks EMA).
Update: ETHUSD Swing Opportunity Currently 53%, 9% Gain to Target 🎯 @ $3,617. See previous analysis below. Happy Trading :)
Update 10/08/2021: ETHUSD Currently 6% In Profit 12% Target 🎯 Now 44% in profit from the 13 EMA 50 SMA crossover. Next target @ $3617 and new ATH @ 4804 before October.
