ETH/USDT - Opportunity to Breakout to 3,500?
2024-10-22

Hi everyone, today I just discovered an extremely attractive opportunity with the ETH/USDT pair that I can't help but share!

When I look at the chart, the first thing that impresses me is the strong breakout from the parallel rising wedge, which usually determines our medium-term outlook.

In addition, one thing that makes me more confident is that the price has broken through and stabilized above both the 34 and 89 EMA lines. These are extremely important indicators that I always monitor. When the price is above these two lines, I know that the buying force is dominant, and the uptrend is sure to continue.

In addition, when analyzing carefully, I see the formation of a bullish "N" pattern, and this shows that ETH is likely to continue its upward momentum. The next target I am aiming for is 3,500 - a level that is not far away if the market continues to maintain its current momentum. I have been planning to take advantage of this opportunity, and I am really excited for ETH to reach that level.

With all the analysis from resistance, EMA to bullish pattern, I believe ETH/USDT is facing an explosive opportunity. I am ready for this breakout and have a specific trading plan. What about you? Are you ready to get ahead of the trend and take advantage of this opportunity?