As we can see ETH is in a bearish rising wedge pattern with RSI levels getting lower as the price is increasing. As per technical indicators, we are looking for a bearish move to the downside into our green buy box.
If we break to the upside of the resistance ETH can make a new ATH to the next psychological level of $2,000
Keep both options open as Bitcoin will influence ETH's next moves.
If we break to the upside of the resistance ETH can make a new ATH to the next psychological level of $2,000
Keep both options open as Bitcoin will influence ETH's next moves.
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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.
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.