Another dip on ETH.
ETH is once again at the support trendline and must hold this support on a weekly timeframe. Previously, ETH reached the accumulation range and delivered an approximate gain of 80%.
Now, it has hit the same accumulation range once again and moved back inside the triangle, leaving a long wick behind. The challenge is to close above the support within the weekly timeframe, which is 2 days and 8 hours away.
I expect a rebound in ETH in the second quarter.
Note: Always do your own research and analysis before investing.
Now, it has hit the same accumulation range once again and moved back inside the triangle, leaving a long wick behind. The challenge is to close above the support within the weekly timeframe, which is 2 days and 8 hours away.
I expect a rebound in ETH in the second quarter.
Note: Always do your own research and analysis before investing.
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Related publications
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.