ETH is showing a potential cycle top per this parallel ascending channel.
Resistance would be around 3020 zone - if the channel breaks down, we may see these ultra low zones get hit if the macro landscape supports such a drastic fall.
Happy trading.
Resistance would be around 3020 zone - if the channel breaks down, we may see these ultra low zones get hit if the macro landscape supports such a drastic fall.
Happy trading.
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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.