bahardiba

Ethereum has almost reached the channel's ceiling as well. It has also had a penetration above the trend line. However, it's too early to confirm that it has turned bullish. For this to happen, 2895 needs to be broken for it to enter a bullish phase 🔼 So we need to wait a bit for it to become clearer 📈✌️

It is inside the same channel I told you about yesterday 💲💲 If it doesn't break above the top of the channel and the descending channel isn't broken 📊 The first support level is at $127, and if the correction continues, it might even go down to $121 🚨🔽

🔤🔤🔤 Similar to Solana, it's in a channel and has reached the top of the channel 🕯 So for a rise, it needs to break the top of the channel. If it succeeds in breaking the trendline, the short-term targets are $3,000 and $3,170 🔼🔼💰💰 On the other hand, if it fails to break the trendline again, Ethereum's short-term supports 👇👇 are at 2790 2650 🚨

🔤🔤🔤 Solana is in a downtrend channel 💰💰 which has shown a good reaction at the channel's bottom. Two important support levels for Solana are the $127 range and then $121 🔽📊 On the other hand, the first resistance is the top of this channel at $137, and if this is broken, the next target will be $143 📣🔼

Ethereum hourly timeframe Clinging to the trend line, and if Bitcoin doesn't cause the market conditions to correct, it could become bullish by breaking the trend line 🔼💰

It was really tough 💰💰 But well, half of the path I was waiting for has gone up so far 📊 Today there's a resistance around 145 to 146 dollars, and if it breaks this, it could rise up to 154 🔼 The short-term support for Solana is at 138 dollars 🚀

I think Ethereum could also have a good upward move towards the higher resistance today if it breaks the trendline. You can check it out 📈✔️🔼

This corrective move can be seen for Solana as a pullback to the broken range 🕯💰 And by maintaining the support level at $135, it could start rising towards $150 🔼🔼

This pattern is called a descending wedge, and it usually breaks upwards. Now, why do I say 'usually'? Because no analysis is 100% certain 💎✌️. If it can break the identified resistance convergence, it can go bullish in the short term 🔼✔️

Given the current conditions of the crypto market, a sharp rebound can't be expected for now. However, it can continue moving slowly and steadily towards the trend line. Ethereum's support is at 3210 📊📊📊💰💰