ETH drops below 3810 off double-top continuation but is supported at 50EMA to prevent further correction.
The resulting recovery was surprisingly strong bringing us briefly into the 3900s before dropping back between the two critical pricelines.
At this point a push to 4k seems probable but I'd remain cautious until we establish a few closes above 3900.
tradingview.com/chart/gDBkksfy/
The resulting recovery was surprisingly strong bringing us briefly into the 3900s before dropping back between the two critical pricelines.
At this point a push to 4k seems probable but I'd remain cautious until we establish a few closes above 3900.
tradingview.com/chart/gDBkksfy/
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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.