Ethereum keeps stubbornly resisting a breakdown from our head and shoulders pattern. It's complacency with the current range may invalidate the pattern. The level $1750 seems to be providing good support and may be a good long opportunity. Currently we are facing a bit of resistance at $1800, a psychological level. But if we retrace the entire range, we could see $1906 again. If not, we will get support from $1694 and $1653.
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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.