ETH target USD 600ish
Since the crash in March, the price the price was moving in a channel supported by 21 EMA on the daily with a Golden Cross on 7 May 2020.
On the daily we see that ETH is getting supported by a nice parabola. Support levels from 1h & 4h all indicate that USD 207-218 should be a good area to add to a position. USD 194 looks like a line in a sand that should hold a major correction.
Targets are USD 260 and more of a long-term one is USD 670.
On the daily we see that ETH is getting supported by a nice parabola. Support levels from 1h & 4h all indicate that USD 207-218 should be a good area to add to a position. USD 194 looks like a line in a sand that should hold a major correction.
Targets are USD 260 and more of a long-term one is USD 670.
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