$ETH - Crucial Level To Hold
On the daily chart, we can see that the price is struggling to advance past the 3.5k level
In my opinion, this is the final resistance before reaching an all-time high (ATH). If we can reclaim this level, the entire structure will shift, leaving us with a triple top acting as a magnet at 4.1k.
Otherwise, we might see the price filling the wick down to 3k (crucial level to hold), at least by 50%, or we could see a decline towards the 2.7k - 2.4k area
In my opinion, this is the final resistance before reaching an all-time high (ATH). If we can reclaim this level, the entire structure will shift, leaving us with a triple top acting as a magnet at 4.1k.
Otherwise, we might see the price filling the wick down to 3k (crucial level to hold), at least by 50%, or we could see a decline towards the 2.7k - 2.4k area
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Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
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.