In my previous posts about Ethereum I argued that in case the ATH gets beaten, we might see a sharp increase in the price of ETH in the near future. Sadly, the first target, which was the ATH, seemed too strong to breach at this point in time. The ATH resistance held strong for a second time now.
Currently, it's looking like the price is moving down gradually towards the lower trend line of the channel. In case Bitcoin stays relatively calm, we might see another sharp bounce from ETH towards the ATH. In case we fall through the support, I don't see ETH reaching the $1450 area again anytime soon.
Happy trading!
Currently, it's looking like the price is moving down gradually towards the lower trend line of the channel. In case Bitcoin stays relatively calm, we might see another sharp bounce from ETH towards the ATH. In case we fall through the support, I don't see ETH reaching the $1450 area again anytime soon.
Happy trading!
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.