In today’s Ethereum market update, we dive into the current sideways movement and analyze the potential for a breakout. While there’s a possibility of a triangle pattern forming, the structure remains unclear. We discuss key support levels, the potential for higher prices if a five-wave move is completed, and what to expect if the price drops below $2,540. Stay tuned as we explore the implications of different wave counts, the significance of the $2,390 support, and whether Ethereum is heading towards $1,900 or $1,800. Don’t miss this in-depth analysis of Ethereum’s price action!
_________________________________________________________________________________________________
Key Points Discussed:
Ethereum’s prolonged sideways range and potential triangle pattern.
The unclear structure from the 5th of August low.
Key support levels between $2,390 and $2,510.
The significance of the $2,540 support level.
Possible test of the lower support region at $2,390.
The potential for a diagonal pattern forming.
Scenarios if Ethereum drops below $2,540.
Possible move towards $3,200 to $3,300 if support holds.
Caution regarding weekend price action and market noise.
Encouragement for viewers to like, comment, and subscribe.
_________________________________________________________________________________________________
Hashtags (30):
#Ethereum #ETH #Cryptocurrency #EthereumAnalysis #CryptoNews #ETHUpdate #EthereumPrice #CryptoTrading #Blockchain #ETHMarket #EthereumCharts #CryptoInvesting #ETHPrice #EthereumStrategy #EthereumForecast #CryptoUpdate #EthereumMarket #EthereumResistance #EthereumSupport #ETHNews #EthereumBreakout #Crypto #CryptoPrice #EthereumTechnicalAnalysis #EthereumTrading #EthereumLevels #ETHAnalysis #EthereumUpdate2024 #EthereumCharts #EthereumPriceAnalysis
_________________________________________________________________________________________________
Hi Everyone
Welcome to “Carrybill” YouTube channel.
” Remember That “
“GOD HELPS THOSE WHO HELP THEMSELVES & also HELP OTHERS
Love from Carrybill.❤️️
❤️وَتُعِزُ مَن تَشَاء وَتُذِلُ مَن تَشَاء❤️
Note: If I used of Someone’s Clip or photos it means its for Audience Understanding.
Original Creator:
