The intraday chart of ETHUSD was choppy and slow yesterday and continues to be slow today.
I monitor the below scenarios today.
Scenario 1. A strong closure above $1,300 will bring more strength towards $1,427, however it will remain choppy.
Scenario 2. A closure below $1,097 will push Ethereum down towards $880-$971 region.
Scenario 3. A strong rejection of $1,300 will push Ethereum down towards $880-$971 region.
I monitor the below scenarios today.
Scenario 1. A strong closure above $1,300 will bring more strength towards $1,427, however it will remain choppy.
Scenario 2. A closure below $1,097 will push Ethereum down towards $880-$971 region.
Scenario 3. A strong rejection of $1,300 will push Ethereum down towards $880-$971 region.
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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.