ETH is looking oversold and that might give us a perfect opportunity for a long scalp around these levels.
There is a hidden bullish divergence building up, so if the price stays above 1750 we might see ETH going back to the 2000 or even beyond.
I will mark the resistance points on the chart for easy visualizations.
There is a hidden bullish divergence building up, so if the price stays above 1750 we might see ETH going back to the 2000 or even beyond.
I will mark the resistance points on the chart for easy visualizations.
Trade active
Strong rejection at 1930 happening, The most likely scenario a retest of the 1850 incoming, however put up your stop loses just in case, Let's see what happens at 1850. Trade closed: stop reached
Market crashing, No trade!
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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.