#ETH - UPDATES AND ANALYSIS

Since last 6 weeks $ETH is Consolidating in a tight squeeze . However no doubt $ETH is in an uptrend and positive.Its only a time wise correction after a certain really.Now 2300 to 2100 become a good support,so it cannot be broken easily.By chance market fall to this level again then it will be a good buying opportunity.Now hovering around 2400 ETH is cooling down preparing for next big move.If conditions and sentiment favour the market then ETH will cross 3.5k to 4k in next move.So buy on dips/ major support and put a strict stoploss ,so that you won't miss a chance to invest at bottom.Now let's discuss the important levels:-

➡️Supports-

S1-2380, S2-2105.28(critical support), S3- 2000(Psychological Support)

➡️ Resistance:-

R1- 2532(immediate support), R2-2682,R3- 2863.35 to 2933.42

➡️Consolidation range - 2105 to 2870

➡️ Trading range- 2000 to 3000

➡️Buying range-

For Short Term Trader-Buy at current level/buy on dips.

Investors-Start Accumulating frm level between 2400 to 2100 in fractions of your capital.

➡️Stoploss- 2000k for investors & 2300 for aggressive Traders/Short Term Traders.

⚠️This is my personal analysis so do research before subject to any financial investments.

If you have any doubts than please feel free to question me.Hope this will help 😊. Happy trading.