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Weekly forecast Ethereum technical chart
Symbol ETHUSD

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateApril 4, 2021 - 13:48
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 1544.30 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • While the RSI support #1 at 38 is not broken, the probability of price decrease would be too low.
  • A trough is formed in daily chart at 1543.780 on 03/27/2021, so more gains to resistance(s) 2176.700, 2500.000, 3000.000 and more heights is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 67.

Supports and Resistances:

  1. 3000.000
  2. 2500.000
  3. 2176.700
  4. 2035.000
  5. 1852.250
  6. 1630.000
  7. 1135.100
  8. 911.300
  9. 752.200
  10. 593.700
  11. 475.300
  12. 363.450
  13. 286.150
Click on the level to view price action history.

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