ETHUSD surpassed yesterday's psychological level at $ 4,000, climbing to a new high of $ 4,250 during the Asian session. The price of ETHUSD is in a strong bullish trend, and we can expect soon testing the previous historically high at $ 4380.
Bullish scenario:
• Price continues this positive consolidation.
• Moving averages and the bottom trend line of the trend are our additional support.
• Chart make FLAG pattern
• Our upper resistances are $ 4250, next at $ 4325, and historically high at $ 4380.
Bearish scenario:
• The price should form a negative consolidation below $ 4100.
• First support is at $ 4000 with the MA20 moving average.
• The next support is at $ 3900 with the MA50 moving average and the bottom trend line.
Bullish scenario:
• Price continues this positive consolidation.
• Moving averages and the bottom trend line of the trend are our additional support.
• Chart make FLAG pattern
• Our upper resistances are $ 4250, next at $ 4325, and historically high at $ 4380.
Bearish scenario:
• The price should form a negative consolidation below $ 4100.
• First support is at $ 4000 with the MA20 moving average.
• The next support is at $ 3900 with the MA50 moving average and the bottom trend line.
𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐁𝐫𝐨𝐤𝐞𝐫𝐚𝐠𝐞 - 𝐒𝐭𝐨𝐜𝐤 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐅𝐨𝐫𝐞𝐱 𝐍𝐞𝐰𝐬 & 𝐅𝐨𝐫𝐞𝐱 𝐁𝐫𝐨𝐤𝐞𝐫𝐬
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t.me/NFT_crypto_news_trading_signals