ETH is slowly grinding the current resistance established in May.
For now i would stay cautious as we don't buy a resistance, i would wait for a Daily break above 4400$, once this will be completed we could try to buy a consolidation in intraday, probably around 4100$ with 1st target on 5000$ area.
Let the prices play out and give us a confirmation rather than anticipating something that could go wrong.
For now i would stay cautious as we don't buy a resistance, i would wait for a Daily break above 4400$, once this will be completed we could try to buy a consolidation in intraday, probably around 4100$ with 1st target on 5000$ area.
Let the prices play out and give us a confirmation rather than anticipating something that could go wrong.
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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.