Hello,
Looks like if ETH fails to hold 2k it might go into the box on the chart.
I still believe the bull run will continue till the end of the year.
Top can be around 8k.
If it breaks 2k, it's a great opportunity to accumulate ETH below $1700.
If it does not break and goes higher, then there is chance of early peak and might not reach top prices.
Thanks,
Happy trading
Trade active
We are in the box now, $1590.Clear flush, $1500 is such a big support hope it holds.
It can dive deeper in the box for a moment and recover.
Let's see how the recovery happens, when there is blood in the market always buy.
Note
If you bought ETH in the box, you are the making a lot now.Hopefully we are still ascending and will make a new ATH.
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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.