$ETH Updates and analysis for today and upcoming days.

Continuing bull rally since last 4 weeks,eth slowly crawling to our first Target i.e 1957.75.There is no major sign of profit booking or selling pressure ,so ETH may have the probability of more upside from here until small correction.

In this trend ,what was seen is that every one is ready to buy on dips .So when you get a chance to buy on dips don't fear it ,just grap it and maintain proper stoploss.

Important levels for today and upcoming days.

Supports:

• Immediate support - 1719.84

• Medium support - 1534.87

• Strong support - 1379.60

Resistance:

• immediate resistance - 1957.75

• Major Resistance - 2108.80

Buying level for today-

• 1719.84 to 1760.62

Stoploss - Below 1719.84(if eth breaks this immediate support then there will be a free fall till lvl 1534.87)So maintain stoploss strictly if you buy at Immediate support.

*Selling zone below S1(immediate support) for a Target of 1534.87

Stoploss above s1.

✓must buy zone 1534.87 to 1576.80

*stoploss - below 1534.87 or S3 i.e 137960

Breakout level above - 1957.75

*Target for Eth -

1st target - 1957.75

2nd target - 2108.80

Eth lack momentum today with slow volume and Volatility.

Selling zone - Sell near major resistance i.e

2108.80

Maintain strict stoploss above major resistance.Dont stay short above this lvl.Hope This will help