EthereumLong
ETH current outlook
August one ETH broke the 400 resistance hit 414, longs got liquidated. ETH found support around 324
August seven ETH tried to retest 400 and failed, Bears brought the market back down to 362
Current situation: Rejected at the 400 found support at 385 bulls are now trying to fight back to break 400.
Waiting for confirmation on long, (415) .
Keep in mind 10-20 percent drops are normal in crypto, if we do get rejected in the imminent future we could potentially see 320 again.
August seven ETH tried to retest 400 and failed, Bears brought the market back down to 362
Current situation: Rejected at the 400 found support at 385 bulls are now trying to fight back to break 400.
Waiting for confirmation on long, (415) .
Keep in mind 10-20 percent drops are normal in crypto, if we do get rejected in the imminent future we could potentially see 320 again.
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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.