Ethereum found support at $1017, and saw a brief pump which quickly faded. We found immediate resistance around $1100, a psychological level, and promptly returned to the mid 
1K's. The lack of buying interest even at the base of the 1K handle is concerning, as is the lack of follow through with the brief pump we just saw. If $1017 does not hold, then $940 and $880 are the next levels of support below. If we are somehow able to rally past $1100, then $1235 will surely be a ceiling.
1K's. The lack of buying interest even at the base of the 1K handle is concerning, as is the lack of follow through with the brief pump we just saw. If $1017 does not hold, then $940 and $880 are the next levels of support below. If we are somehow able to rally past $1100, then $1235 will surely be a ceiling.
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Join my discord at discord.io/quantguy
Related publications
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.