Long

ETH - multiple trend lines meeting

By tradingbacon

Updated

This chart is pretty simple. At these price levels, we are hitting the log trendline from Dec '16 when ETH was around $6. I expect MASSIVE support here.

Note

ETH is significantly oversold. RSI has not been this low since Dec '16.

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.