Quick note on ETH status: Compression between EMA100 & $1840
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ETHUSDT under compression. Triangle was rendered invalid as breakout did not occur within 2/3. Also EMA 100 has acted as a Resistance, which together with low volume leaves us with further compression with a new $1839 recent Support in place. There´s RSI convergece with prices. Neutral and quite dependant on BTCUSDT overall.
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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.