Signal Type: LONG
Coin Name :
$ETH This is a 1-day Ethereum (ETH/USDT) chart from Binance, showing a potential recovery after a downtrend. The price is currently at $2,150, bouncing from a strong support zone. The chart suggests a bullish breakout with a projected target of around $4,300, indicating a possible 113% increase in 77 days. The RSI at the bottom is near 36, signaling an oversold condition, which could support a price reversal. Volume activity shows increasing interest, and the price action hints at an upward movement with minor pullbacks along the way. So I think ETH is Bullish For Longer Time Frame .
This chart represents the total cryptocurrency market cap excluding Bitcoin (often a proxy for Ethereum and altcoins). It shows a downward channel that has recently been broken to the upside, signaling a potential trend reversal. The breakout suggests a bullish continuation pattern, with projected growth towards higher resistance levels. The RSI is recovering from the lower range, supporting the idea of increasing momentum. This indicates that Ethereum and altcoins could see strong upside movement in the coming weeks and months.
Entry: 1926.38
1st TP: 3094.79
2nd TP: 3725.61
3rd TP: 4076.23
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