Looking at the 2-day chart of Ethereum, we think the future is simple. If ETHUSD achieves a 2D close above the 200-day moving average at 185, then it will confirm the major down trend line (green) is broken.
Bottom Line: In our view, if a 2-day bar closes above 185, that has the potential to start a monster move in ETHUSD.
Bottom Line: In our view, if a 2-day bar closes above 185, that has the potential to start a monster move in ETHUSD.
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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.