Ethereum has dumped to the base of the $3K handle. Although it is finding support at current levels, confirmed by several green triangles on the KRI, we do appear to be forming a bear flag. If we dump lower, anticipate support at $2852 and $2762. If we catch some momentum, $3200 is a good target, but it will provide strong resistance and is a likely ceiling for now.
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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.