Is this the beginning of a big bull tour?

Ethereum rose to the psychological and technical level of $ 2000 after an explosive transfer from $ 1,800. This penetration can represent the beginning of a large march of about $ 2820, which is 40 % climbing capabilities if the momentum continues.

Weeks after standardization, ethereum (EthFinally, it was broken through the $ 2000 resistance. This level was a psychological ceiling for several months, and its restoration represents a major transformation in the short -term market structure. This step has been run by a strong reaction at the support area of ​​$ 1,800, and now all eyes are at the next main resistance level at $ 2,820.

Main technical points

• Support: Ethereum rose from $ 1,800, a new upward upward wave.
• Fracture above resistance: ETH has regained the main level $ 2000, confirming the strength of prices.
• The following goal: The following main resistance is located at $ 2,820 – about 40 % higher than current levels.

Ethereum above $ 2000 is a technical and psychological teacher. It represents the restoration of control by the bulls after weeks of uncertainty and side movement. More importantly, this step is supported by a strong foundation: the lowest multiple higher formed during monotheism, which indicates the increasing demand and the buyer’s interest in increasing levels. The support of $ 1,800 was supported, and it was a starting point for this gathering, with price cuts through $ 2000 on a strong momentum.

To keep this penetration, Ethereum needs to secure the daily candle above the level of $ 2000. Until now, the current structure shows a clear upward trend, the highest low level, followed by a higher height, and now an attempt to stabilize above resistance.

If this level is converted into strong support, it may serve as a launching platform to accelerate the price towards the resistance of 2820 dollars, which is the next main technical barrier on the graph. This level was a resistance in the previous sessions and may be a decisive test for the bulls if access.

The short term rejection here will not necessarily reflect the direction. If the price decreases and constitutes a decrease higher than 10,800 – 1900 dollars, it will enhance the continuous upward bullity. This step is likely to reset the momentum and attract new buyers, giving Ethereum a stronger basis for hacking in the future. Nearly $ 2000 should be expected to unify, and even welcome, as it can provide the market for the structure and continuity strength.

What can be expected in the next basic procedure

Ethereum’s ability to keep more than $ 2000 in the coming days will be extremely important. If the bulls manages a multiple daily closure above this level, the path becomes about $ 2,820 in increasingly possible.

Even a simple withdrawal, which is a higher decrease, will maintain the bullish bias, indicating that Etherum puts itself in a continuous position higher in the coming weeks.