FenzoFx—Ethereum trades near $2,790, aligning with its monthly high and the 50.0% retracement level. A wide Fair Value Gap could act as a price magnet, while bearish candlestick wicks signal selling pressure.
Stochastic at 79 nears overbought territory, suggesting a potential bearish wave if $2,790 resistance holds. A drop below $2,100 could align with the Fair Value Gap.
The bearish outlook is invalidated if ETH closes above $2,790.
>>> Trade ETH swap free at FenzoFx.
Stochastic at 79 nears overbought territory, suggesting a potential bearish wave if $2,790 resistance holds. A drop below $2,100 could align with the Fair Value Gap.
The bearish outlook is invalidated if ETH closes above $2,790.
>>> Trade ETH swap free at FenzoFx.
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Knowledge Should Be Free – And So Is Your Path to Trading Success.
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.