ETHUSD has been rather resilient throughout this BTCUSD downturn. However, I have been tracking both closely, and believe ETH may be lagging behind BTC in price movement. I just wanted to post this real quick as a tracking tool.
I may post a more in-depth analysis for ETH in the days to come, but I would set a preliminary price target for around $675 for ETH, potentially as low as $420-$400 for a solid retest of our first major run up.
I may post a more in-depth analysis for ETH in the days to come, but I would set a preliminary price target for around $675 for ETH, potentially as low as $420-$400 for a solid retest of our first major run up.
Note
Guess we skipped the retest.Note
Could still see a push to $1200 for a retest on the bottom trend line. Don't hold your breath though.Here's a zoomed out picture, if we were to place blind buy targets:
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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.