This chart analyzes the potential price movement of ETH using trendlines and SMA (moving averages). Horizontal trend lines started back in 2018 with the lowest line being around $800. If ETH bounces off one of these trendlines and reverses back upward I would be a buyer. Target $800-$1,000.
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.