ETH is about to usher in a small callback. We can see that EMA suppression energy is very sufficient. In Stochastic Oscillator, we can see a small golden cross and the index is below 20%, indicating that a small callback is coming soon. At the same time, we can see that the price deviates from the Stachoastic Oscillator, which supports the view of a small callback. Use Fib Retracement and the position of forward to predict that the resistance level will be $1,423. If the resistance level is breaked, $1,708 will become a new resistance level. In the long run, the short trend is still sufficient and in a bear market.
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.