29th March 2022 | ZebPay Trade-Desk
Eth trades in green, with a 2.5% rise in the past 24 hours. After some resistance, we can expect prices to rally above current levels and reach the psychological $4,000 mark. If it falls, then you can buy in the dips. The bulls will attempt to move the asset up again.
ETH trades at $3,370 as of the writing date.
ETH traded in a range that formed a ‘Symmetrical Triangle’ pattern. After finally breaking out above the range, the support began to move upwards and formed a ‘Higher Top Higher Bottom’ pattern. The prices have risen by almost 20% after the breakout. Strong resistance can be expected at $3,415. If the asset holds and closes at this level, prices could rise to $3800. The asset will receive strong support from the $3,275 to $3,000 levels.
Support 2Support 1AssetResistance 1Resistance 2$3,000$3,275ETH$3,415$3,800
Disclaimer: This report should not be regarded as investment advice. It does not consider the financial situation or investment goals of investors. When deciding whether an investment is right for them, all investors should take into account these factors and consult with a professional advisor. This report was prepared by the Company using information that it has access to, as well as information from public sources that have not been independently verified. The Company makes no representations or warranties, either express or implied, regarding the accuracy, reliability, completeness or reliability of any information, opinions or conclusions contained herein. This report is preliminary. The Company does not assume any obligation to revise or update the reports in response to new events or circumstances after the date of the report was made. Trading and Investments in cryptocurrencies viz. Bitcoin Cash, Ethereum, and other cryptocurrencies are highly speculative investments that are subject to market risk. The Author’s analysis should be used only as information and should not be considered investment advice.
ETH – BULLS ARE IN CHARGE ZebPay | Buy Bitcoin & Crypto.
