EthereumShort
ETHUSD Support and Resistance
ETH could reject pretty hard somewhere around 190-195. The question is where will it pull back to. My initial idea is 166 and bounce around that area to attempt to find support, then resume uptrend to around 216.
Otherwise pulling all the way back to 146 is possible. That's a 50% retracement and is the base of the breakout from the major resistance we had early in at the start of the trend. It should be very strong support.
Otherwise pulling all the way back to 146 is possible. That's a 50% retracement and is the base of the breakout from the major resistance we had early in at the start of the trend. It should be very strong support.
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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.