ETHUSD -Hanging by a thread!
ETHUSD has been making higher lows on the 2 hour chart, but with each move higher is being hit with heavy distribution bars (yellow). If it's going to have any chance, ETHUSD needs to move above the 720 area on some heavy volume. Right now there's a strong chance that it doesn't make another higher low and falls below support at 676.40. Best of luck!
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.