Did a TA on ETH/USD. ETH suffered a sharp dip from approximately $710 to $610, 5 days ago, similar to most coins. Right now, its showing signs to recovery and i think the sharp dip was attributed to the bull run that happened for the entire of last week. Based on the charts, it looks like it might be heading up in this short uptrend channel. However, if it breaks to below $620 again, it will potentially drop to $500 region. However, i think there is still some gas left in the tank and we should see 
ETH going up abit more these few days.
ETH going up abit more these few days.
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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.