Hello Everyone,
ETHUSD is currently positioned beneath the 1-week Pivot Point (PP) and is in the process of testing the weekly support level. This situation suggests a strong likelihood of a bullish trend continuation. Our primary focus lies on observing whether the 1-week PP effectively functions as support, serving as an initial signal for the continuation of the uptrend. It's crucial to take note of significant resistance levels at 3694.591 and 4047.403.
TradeWithTheTrend3344
ETHUSD is currently positioned beneath the 1-week Pivot Point (PP) and is in the process of testing the weekly support level. This situation suggests a strong likelihood of a bullish trend continuation. Our primary focus lies on observing whether the 1-week PP effectively functions as support, serving as an initial signal for the continuation of the uptrend. It's crucial to take note of significant resistance levels at 3694.591 and 4047.403.
TradeWithTheTrend3344