Eng_Mohammed Al-Makhlafi
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Bullish
✍️ Update on Ethereum ETH/USDT
After breaking through the strong resistance between 2700 - 2800, if it wants to correct in this area, the price is expected to return to test this area, where there is an important order block between 2838 - 2764, which is considered an excellent buying zone.
If the price maintains these areas and continues to rise, we may witness a significant increase in the coming days, especially after achieving the first target at 3100, which may be followed by an accelerated rise similar to what happened previously with Bitcoin.
⚠️ Caution is raised if the last low at 2482 is broken, as that would put the pair in a negative scenario.
🎯 Expected targets:
First target: 3100
Second target: 3481
Third target: 4115
And there may be a fourth target at 4500 according to the Fibonacci extension
$ETH
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After breaking through the strong resistance between 2700 - 2800, if it wants to correct in this area, the price is expected to return to test this area, where there is an important order block between 2838 - 2764, which is considered an excellent buying zone.
If the price maintains these areas and continues to rise, we may witness a significant increase in the coming days, especially after achieving the first target at 3100, which may be followed by an accelerated rise similar to what happened previously with Bitcoin.
⚠️ Caution is raised if the last low at 2482 is broken, as that would put the pair in a negative scenario.
🎯 Expected targets:
First target: 3100
Second target: 3481
Third target: 4115
And there may be a fourth target at 4500 according to the Fibonacci extension
$ETH
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