ETH has not delivered on expectations this season, not even an ATH while many of the coins and BTC went bonanza.
Currently sitting close to its local resistance, it needs a clear breakout pattern to show strength.
On the lower levels, I see $3000 as a weakened and $2800 as a strong support area which should hold.
I think everything will be green after mid Feb but lets see :)
Short term target $3800, midterm target around $5400.
Currently sitting close to its local resistance, it needs a clear breakout pattern to show strength.
On the lower levels, I see $3000 as a weakened and $2800 as a strong support area which should hold.
I think everything will be green after mid Feb but lets see :)
Short term target $3800, midterm target around $5400.
Trade active
ETH just took another hit, getting smacked down all the way to main support—market’s full of surprises as always. Hard to picture dropping below this zone, but if it happens, we might be in for a long accumulation grind. Hoping the support holds strong and we get some relief soon! 🚀🤞Note
We reached a minor resistance. Support at 2300, then we shoot up 2800, pretty straight forward. Lets see if it plays outNote
respective lines working for now. Although the chart does not look great, I'm hoping ETH to surprise many.Losing 2300 is a straight line to 1800 again
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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.