In the 2-hour time frame, Ethereum broke the trend line that I drew in the chart and is pulling back to the trend line, which can continue its upward trend with the confirmation of the pullback. It should be noted that it is now in the daily resistance range and confirming the failure of this resistance can be very attractive. If the pullback is not confirmed, the analysis line will be updated.
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.