banner

Ethereum Chart Analysis

 ETH/USDT is currently trading at $1900. The chart analysis suggests a bullish trend as the resistance trend line has been broken, indicating a potential move towards $2125.

 Best Accumulation Zone: The recommended accumulation zone for ETH/USDT is between $1900 and $1860.

 Targets: **The targets for this trade are set at $2000 and $2125. These levels represent potential areas where the price may encounter resistance.

 Stop Loss: It is important to have a stop-loss strategy in place to manage risks. A suggested stop-loss level is any 6-hour candle closing below $1844.

 Remember, never trade blindly. It’s crucial to confirm your analysis and implement proper risk management strategies.

CryptoPatel Key Levels:  Support: Key support levels for ETH/USDT are located at $1840 and $1800.  Resistance: Significant resistance levels to watch for are $2000 and $2125.

Happy trading! 

Read More News: Notcoin Launching Day | Riding the FTM/USDT Bullish Wave | Sam Bankman-Fried Appeals 25-Year Prison Sentence

Note: This analysis is based on chart patterns and historical price movements. Always conduct thorough research and consider other factors before making any trading decisions. The cryptocurrency market can be highly volatile, and prices may fluctuate rapidly.

banner

Newsletter

Subscribe to our Newsletter for Trending & Hot News, Technical Analysis Charts, and exclusive GEM Finder Updates. Let’s stay ahead of the curve — Stay Updated, Stay Profitable!

banner

Leave a Comment

Cryptopatel

CryptoPatel is a seasoned Technical and Fundamental Analyst with over a decade of experience in the cryptocurrency market. Renowned for his ability to identify high-potential Alpha and GEM projects, he has consistently delivered exceptional returns ranging from 10x to 100x. Follow for expert market insights, in-depth trend analysis, and valuable investment opportunities.

about us

CryptoPatel is a seasoned Technical and Fundamental Analyst with over a decade of experience in the cryptocurrency market. Renowned for his ability to identify high-potential Alpha and GEM projects, he has consistently delivered exceptional returns ranging from 10x to 100x. Follow for expert market insights, in-depth trend analysis, and valuable investment opportunities.

Follow Us