Ethereum has finally reached our target of $3K. We blasted through $2965, after crossing multiple levels in the upper $2K's which had provided prohibitive resistance in the past. The Kovach OBV is strong, as is the Chande, which suggests that a retracement may be near. We will see how ETH deals with $3042. This is a major level and reltive high from which we fell at the very beginning of March. If we do break out, $3148 is the next target, otherwise $2852 should hold.
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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.