It seems like ETH has established its own sideways range recently after looking at the 1h chart. You can see above that we're stuck between the $1300 level and the $1270 level. I'm watching the Wave Fusion indicator closely to see if it gives us any big signals (potentially even on the 15min) and will act accordingly.
The big levels to watch out for if ETH breaks to the upside is the $1360 level. I'm looking for at least one rejection here. And if ETH breaks to the downside I'm looking at least $1240 (pink line) or worst case, $1150 (major support level).
Either way, I would not force a trade here. Still very much indecisiveness going on so you're best waiting on the sideways until we get a definitive move in either direction.
If you enjoyed my TA or had a any questions, please comment below or send me a DM :)
Thanks for reading!
The big levels to watch out for if ETH breaks to the upside is the $1360 level. I'm looking for at least one rejection here. And if ETH breaks to the downside I'm looking at least $1240 (pink line) or worst case, $1150 (major support level).
Either way, I would not force a trade here. Still very much indecisiveness going on so you're best waiting on the sideways until we get a definitive move in either direction.
If you enjoyed my TA or had a any questions, please comment below or send me a DM :)
Thanks for reading!
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🤝 Let's Connect:
🌎 Website - cryptoscripts.com
🐦 Twitter - twitter.com/CryptoScriptsAI
📺 Youtube Indicator Tutorials - youtube.com/c/CryptoScripts
📱 Facebook - facebook.com/CryptoScripts
🌎 Website - cryptoscripts.com
🐦 Twitter - twitter.com/CryptoScriptsAI
📺 Youtube Indicator Tutorials - youtube.com/c/CryptoScripts
📱 Facebook - facebook.com/CryptoScripts
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.