Ethereum is at a really interesting place right now. We are approaching the previous bottom as well as the 200EMA where price can bounce. Price has respected the 200EMA for over a year and we could see another rejection of the 200EMA very soon.
We will be waiting for the descending trendline to break to take this up. First targets $2900 with stops below the lows.
We will be waiting for the descending trendline to break to take this up. First targets $2900 with stops below the lows.
Note
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🥃 Crypto Signals Since 2017 🥃
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Related publications
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.