The ETH/USDT daily chart presents a strong bullish pattern ๐, with a classic "Cup and Handle" formation forming above $3,500. The price action aligns with the EMA ribbon, showing upward momentum ๐. The RSI at 65.83 indicates moderate strength with potential for further gains ๐. A breakout above the handle's resistance could drive Ethereum toward the $4,700-$5,000 target zone ๐ฏ. Overall, this chart suggests significant bullish sentiment and market confidence ๐ข, reinforcing Ethereum's potential for continued growth in the coming days and weeks.
The TOTAL2 chart, representing the crypto market cap excluding BTC, showcases a bullish breakout ๐ from a "Bull Flag" formation, supported by EMA ribbons aligning upward ๐. The price is holding above $1.36T, signaling strength. RSI at 56.30 confirms moderate momentum with room for further growth ๐. The consistent upward trend and volume support the bullish case, reinforcing the potential for ETH and altcoins to rise significantly. A retest of the breakout zone before continuation would further validate the trend ๐, making this setup highly favorable for bullish moves.
This ETH/USDT liquidation heatmap reveals significant liquidity zones between $3,500-$3,600 ๐. Concentrated yellow bands indicate strong liquidation activity at these levels, signaling potential volatility. Bullish momentum remains intact ๐.
Entry: 3489.32$ or Market Price
1st Tp: 3870.05
2nd Tp: 4139.78
3rd Tp : 4483.91
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$ETH
