ETH is still in a strong downtrend. We do not see any bullish signal at the moment.
In order to enter the bull market, ETH must breakout the $ 230 resistance level. However, this is very difficult.
The next two support levels of ETH are at $ 150 and $ 124. The support of $ 150 is relatively weak. I suggest traders wait to buy ETH at $124.
In order to enter the bull market, ETH must breakout the $ 230 resistance level. However, this is very difficult.
The next two support levels of ETH are at $ 150 and $ 124. The support of $ 150 is relatively weak. I suggest traders wait to buy ETH at $124.
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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.