Market Analysis of ETHUSDT on Thursday 9 JANUARY 2024

2025-01-09 14:43Source:BtcDana

 ETHUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


ETHUSDT  running in  wave c and now it can fall  towards 2500 level with stop loss 3510 shown in chart .  Intraday purpose selling is better for targets 3300, 3285 and 3270 levels respectively with stop loss 3510 level.


QUICK FUNDAMENTAL LOOK                                                                    


Ethereum is trading below last year’s highs as investors eagerly await a breakout to confirm the start of the anticipated Altseason.


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

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