ETH/USDT – Weekly Chart Analysis
ETH is testing a major historical resistance between $3,700 – $4,000 (highlighted green zone).
A clean breakout above this level could push price toward the next key resistance at ~$4,660.
Previous accumulation zone around $2,400 – $2,800 (yellow box) now acts as strong support.
Long-term floor at $1,420 and $1,025, though currently far below.
Bullish Breakout Potential: If ETH sustains above the green resistance, it may retest $4,660+.
A failure to break above $4K could lead to a healthy pullback toward the yellow zone (~$2,800).
Stay updated and manage your risk accordingly.
DYOR | NFA
ETH is testing a major historical resistance between $3,700 – $4,000 (highlighted green zone).
A clean breakout above this level could push price toward the next key resistance at ~$4,660.
Previous accumulation zone around $2,400 – $2,800 (yellow box) now acts as strong support.
Long-term floor at $1,420 and $1,025, though currently far below.
Bullish Breakout Potential: If ETH sustains above the green resistance, it may retest $4,660+.
A failure to break above $4K could lead to a healthy pullback toward the yellow zone (~$2,800).
Stay updated and manage your risk accordingly.
DYOR | NFA
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.