Dear friends, today we have a strategy for ETHUSD.
Currently, the price is trading with an expanding trend at a high level, mainly due to the absence of any upward momentum. On the other hand, the 3000 level is currently acting as the only barrier for this currency pair, forming a potential resistance at 3033. However, the overall outlook still supports an upward trend.
So let's take a look at the 1D chart. From the chart, we can see that if the support levels at 2650 and 2450 are securely maintained, the potential for price increase in the upcoming trading session will continue to be sustained.
Currently, the price is trading with an expanding trend at a high level, mainly due to the absence of any upward momentum. On the other hand, the 3000 level is currently acting as the only barrier for this currency pair, forming a potential resistance at 3033. However, the overall outlook still supports an upward trend.
So let's take a look at the 1D chart. From the chart, we can see that if the support levels at 2650 and 2450 are securely maintained, the potential for price increase in the upcoming trading session will continue to be sustained.
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ETHUSD highlights a 042% gain on the day
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