ETH Price is currently testing ideal local support, where I expect the correction to complete and a base to form for the next leg higher toward the 4300–5100 macro resistance zone.From a higher time-frame perspective, the uptrend remains intact as long as ETH holds above 3400–3200, with max downside extension to 3000.
Chart: tradingview.com/x/SfTGBDpI/
I’ve been tracking this setup since early July in my weekly market reviews:
Recent update: Idea: Crypto market review: Bitcoin,…
First on break-out and uptrend potential (Jul 10): Idea: BTC / ETH / SOL / XRP / HYPE: …
