ETH is sleeping while altcoins that are DIRECT competitors to ETH are pumping. Is there a message here?
In any event, ETH looks bullish based on the indicators and the fact that some alts are rallying.
On the bullish side, ETH managed to hold above $3,300 and MACD did a bullish ross. This is good.
OBV and volume are lagging, but maybe on Monday we get the buyers back into the market. Sunday's are not the best for volume.
I'd expect ETH to at least go to $3,500 soon, maybe higher, but higher we have a key resistance at $3,600. Unlikely we break it on first try.
In any event, I am mildly bullish on ETH right now.
Like and follow if you liked my idea!
In any event, ETH looks bullish based on the indicators and the fact that some alts are rallying.
On the bullish side, ETH managed to hold above $3,300 and MACD did a bullish ross. This is good.
OBV and volume are lagging, but maybe on Monday we get the buyers back into the market. Sunday's are not the best for volume.
I'd expect ETH to at least go to $3,500 soon, maybe higher, but higher we have a key resistance at $3,600. Unlikely we break it on first try.
In any event, I am mildly bullish on ETH right now.
Like and follow if you liked my idea!
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📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.