Hello! Here's my eye on Ethereum on the 4-hour chart.
ETH MUST hold the support zone #1 if It wants to go up
IF ETH loses Support ZONE #1 and the current trendline, It will most likely go DOWN and test SUPPORT ZONE #2 1374-1437.
IF ETH can hold this SUPPORT ZONE It will go back up and test the top end of RESISTANCE ZONE#1 1607.
From here the next Resistance zone target would be around the 1669 LVL Then 1713 LVL from here.
I'm Neither Bullish nor Bearish on this COIN. Just showing some possibilities on the outcome of ETH in my opinion in the next coming days! Please Comment or Like if you enjoyed this guys :)
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.
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.