Ethereum could bounce off one of its support levels and retest the $3,000 resistance level. If the resistance level is broken we could possibly see $4,000-$5,000 Ethereum. If Ethereum fails to break $3,000, we could see a bearish head and shoulders pattern forming and could see it fall to $1,500.
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.