Is Opportunity Here? - ETHEREUM Analysis
The ETHUSD market was being ‘quit’ recently. Sellers and buyers are not committed themselves to control the price. However, there could be an opportunity for long. The market is close to the structure low that is mini support at 680 area. The price respected that level few times and it is more likely it will do it again. The second structure low is at 660, which acts as support as well. The more conservative approach will be to wait the price to be bounced back at these key areas and then open the position.
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.