Market Analysis of ETHUSDT on Thursday 23 JANUARY 2024

2025-01-23 14:01Fonte:BtcDana

 ETHUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


ETHUSDT can fall below 3132 level because of ABC pattern shown in graph  .15 minute chart calculation showing 3262 to 3300 level is strong resistance and it can fall  from this area . Stop loss is 3455 level and intraday targets are 3220 , 3200 and 3180 levels respectively .


QUICK FUNDAMENTAL LOOK


      Ethereum has been consolidating in a tight price range for several months, trading between $3,200 and $3,500. Despite the broader market’s recent upward movement, ETH still struggles to break out of this range.


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

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