Ethereum Dilemma: $2,819 Drop or $3K Breakthrout?
Updated
Ethereum is bearish in the daily chart and can decline to $2,819, where price action will be very important.
The ETHUSD chart has to push up to above $3,006 into the daily range zone towards $3,354, a critical daily resistance.
A sustained price action that we see below $3,006 confirms the weakness, potentially triggering a bearish momentum targeting $2,597.
The ETHUSD chart has to push up to above $3,006 into the daily range zone towards $3,354, a critical daily resistance.
A sustained price action that we see below $3,006 confirms the weakness, potentially triggering a bearish momentum targeting $2,597.
Note
Ethereum is still bearish in the daily chart and can decline to $2,819, if is unable to re-claim $3,006.A bullish break-out of $3,006 will lead to $3,354, a critical daily resistance.
⚠️ An inability to re-claim $3,006 may trigger a bearish momentum any moment targeting $2,597.
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.