Market Analysis of ETHUSDT on Monday 28 OCTOBER 2024

2024-10-28 12:22Source:BtcDana

ETHUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


ETHUSDT running in positive trend and its immediate strong support on 15 minute chart are 2310 to 2407 level .  Stop loss is 2150 level and it can rise towards 2816 level minimum because of irregular correction pattern made on 30 minute chart .Intraday purpose buying is better for targets 2510 , 2525 and 2550 levels respectively with stop loss 2150 level.


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The Coinbase-developed Ethereum layer-2 network Base was briefly the number one blockchain for stablecoin volume on the same day it hit a new all-time-high transaction count.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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