ETHUSD
Still looks in good shape for a test of 741 and then 768 this
weekend and further out in time looks likely to test the 896
level too.
Right now it's waiting on Bitcoin to break higher - which it
should do later on today.
The overall trend remains positive and retests of the lower
parallel are still buying opportunities as the rally moves
higher.
Still looks in good shape for a test of 741 and then 768 this
weekend and further out in time looks likely to test the 896
level too.
Right now it's waiting on Bitcoin to break higher - which it
should do later on today.
The overall trend remains positive and retests of the lower
parallel are still buying opportunities as the rally moves
higher.
Note
ETHUSDAnother test of the lower parallel overnight but still looking good whilst it holds this line. Near term resistance here at 686 which may bring it back a little lower - but it's moving in step with Bitcoin but at about twice the speed now.
Should push up to upper parallel as the weekend wears on.
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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.