Current track Ethereum for a correction down towards and slightly under it's 200-day MA.
This week we are looking for a potential minor new high and then a drop.
Looking at the attached chart this would mirror the pattern structure from left to right, i.e completing the right-hand shoulder. The areas $2,800 and $2,720 I believe are strong buy zones for $5,200 later this year.
This week we are looking for a potential minor new high and then a drop.
Looking at the attached chart this would mirror the pattern structure from left to right, i.e completing the right-hand shoulder. The areas $2,800 and $2,720 I believe are strong buy zones for $5,200 later this year.
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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.