The ETH chart exhibits a bullish ascending triangle pattern, suggesting potential upward momentum. RSI is above 50, indicating positive momentum, while the stochastic oscillator reflects an overbought region, supporting bullish pressure. The breakout near resistance aligns with strong buying volume. Bollinger Bands show tight consolidation, often preceding significant price movements. Key support levels are holding well, adding confidence to a bullish scenario. This setup strongly suggests Ethereum is likely to maintain an upward trend, aligning with longer time frame bullish sentiment.
The TOTAL2 chart highlights a clear bullish setup with a well-defined bull flag pattern, signaling potential continuation of the upward trend. RSI is stabilizing around 44.68, showing steady momentum, while the stochastic oscillator indicates recovery from oversold levels, aligning with a bullish bias. The moving averages provide support, and the breakout above resistance levels further validates the upward trajectory. Overall, the chart strongly supports a bullish continuation, indicating that ETH and other altcoins could follow a longer-term bullish trend in the market.
The chart reveals steady accumulation within the $3,300-$3,400 range, with significant liquidity above resistance. Momentum indicators support a bullish breakout, indicating ETH is positioned for long-term bullish continuation.
Trade Details:
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1st Tp: 3484.01
2nd Tp: 3639.49
3rd Tp : 3730.50
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