MA 200 has been great support for ETH that hits it and comes back. The price drops exactly to the line and returns let's see if it stays above the MA200. Now ETH is starting to circle above the thickest sector of the deichimoku cloud, bringing a lower possibility of retesting the MA, despite strong speculation in the coming days around MERGE.
Whenever a level changes from support to resistance or resistance to support, it is a good opportunity for entries or exits. Next ETh resistance around $1812, which would be the upper of the Keltner channel.
Whenever a level changes from support to resistance or resistance to support, it is a good opportunity for entries or exits. Next ETh resistance around $1812, which would be the upper of the Keltner channel.
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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.