The short term pattern is not looking good for Ethereum and other cryptocurrencies. Price bounced from 2100 to 2480 this evening, and is more starting to look like a dead cat bounce. Ethereum is currently giving up alot of that bounce late tonight. 2100 must hold at all costs or this is not gonna be pretty this week end, with a potential drop of -30% from the current level.
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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.