As described in the chart, ETH was unable to break through the $250 resistance and is now having a tough job breaking through the $225 resistance.
EMAs are slowly forcing it to break down from this bear flag which would make it drop to the $185 region rather rapidly.
EMAs are slowly forcing it to break down from this bear flag which would make it drop to the $185 region rather rapidly.
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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.