Ethereum on the 4hour is having a pivot at $1,562, as long as it remains above that price, the direction is to the upside. If we break lower than that pivot, we might see another touch to the $1,500, but we shouldn't expect any lower than the previous week before any major bounce.
Trade with 2:1 risk reward, very good with a 30% potential gain.
Trade with 2:1 risk reward, very good with a 30% potential gain.
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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.