ETH slipped below channel support (~ 2.45k). Weekend volume is thin—need 2 daily closes (Mon/Tue) to confirm. Hold-below sets sights on 2.2–2.0k (Fib 61-78 %). Reclaim 2.5-2.6k invalidates.
Trade active
Great move! ETH broke channel & tagged the 50 % Fib. Watching for a retest of 2.45 k—if it fails, 2.2–2.0 k next. Eyes on Monday open.Note
Price poked back into the channel but needs a daily close > $2.45k to confirm reclaim. Close back below $2.40k = breakdown resumes → $2.22k, then $2.10k–2.00k targets. Reclaim keeps $2.60k+ on the table.
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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.