In the post share In the X of Unichartz, it was noted that Ethereum (ETH) developed a well -defined strong structure, characterized by a series of high (HH), higher lowest (HL), and classic signals of upward momentum. However, after this upward movement, ETH is now in the accumulation stage just below the main resistance area. market The following is integrated before potential escape.
EMA Confluence Zone Restest: Ether Leeum at an important decision point
According to Unichartz Ether Leeum We are searching for important technical perspectives as we resume the joining areas of 50 EMA and 100 EMA, which are used as a historically powerful demand area. These overlaps of the exponential moving average often act as dynamic support, and the relevance is emphasized by the probability -free RSI rebound of Addrold Territory, which shows the reception of the momentum.
The analyst suggests that the ETH can open another test statement on the overhead if the ETH is the accumulation area and the support provided by EMAS. ResistanceOr potentially escaped beyond that. Traders will find volume confirmation and continuous patterns to verify such a rise.
On the other hand, if you do not maintain this area, the weakness is informed and deeper. fullbackPerhaps you can drag Etherrium to the low level of support that previously served as a stabilization zone. This shows a temporary change in the market structure and attracts more sales pressure in the short term.
Unichartz stresses that this area still remains an important decision point. The upcoming price measures will play an important role in forming the next -oriented movement of Ether Leeum, and traders must be able to defend the EMA or to regain control and forcibly monitor the bears. breakdown.
The main level to watch for ETH brake out
In the case of the current brake out above Accumulation And EMA Confluence, Ethereum could be born for a strong upward continuation. The first main level of monitoring, which acts as a brake out trigger point, is the immediate $ 2,858 resistance area that prevents recent progress.
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Clean movements on this area, especially when volume rises, will show strong intentions. If the resistance disappears, the next main price is located in the range of $ 3,360-$ 3,659, and previously acted as a short-term supply zone and can show some friction.
Beyond this, you can take a psychological area about $ 4,100. If the amount of exercise accelerates, $ 4,863 can act as a potential upward goal.
Getty images' main images, TradingView.com charts
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