EthereumLong
ETH and overbought indication
Updated
ETH proved to have significant resistance at 1,350. Market will still push ETH up, but there's a big possibility of it dropping to 1,100 or possibly 1,000 level for fueling its movement up later.
Note
Considering market sentiment, I think ETH has a slight chance of dropping until 800-900 level with 850 as a pretty strong support. For you that has sold on the top, buy back incrementally from 1,000 level. As always, constructive feedbacks are welcomed.
Related publications
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.