📊 Ethereum ($ETH ) Weekly Outlook

Ethereum ended the week at $1,600, up 1.1%. Bulls managed to defend the $1,520 zone, which has acted as a key support in the past. The week ended with a harami candlestick pattern, hinting at a possible trend shift.

🔼 ETH remains in a selling zone, but bulls are eyeing a breakout above the descending trendline, which could open the path to $2,000, and potentially $2,820.

Bears are now eyeing a move below $1,520. If successful, their next target is the support zone around $1,200.