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Ethereumforecast

ETH to $1.3K - Bearish flags pattern (Daily)Hi everyone, So after we've broken the rising wedge on the daily, we saw ETH creating a series of bearish flags. Bearish Flag 1: "Pole" was created from $1847 to $1520, then ETH entered in a correction uptrend (rising flag) ranging between 1520 to highest point of 1722. Bearish Flag 2: Immediately after the high of 1722 Eth began to create the second flag pole which too it from 1720 to $1443. Then we saw ETH creating a rising flag again and this time it was trading between $1423 to $1620. Bearish Flag 2 continuation (yet to happen): The distance of flag pole 2 is likely to be the same distance to create flag pole 3 which will take us to 1280 which also happens to be a golden pocket support (0.65 point on fib). This fib was drawn from the lowest point ETH reached which was $878.02 back on 18th June to the highest point of $2030. Now, we can look at smaller timeframes to spot when will flag pole 3 is likely to happen. P.s. This is Not Financial Advice.
Short
by NedRawahi
Ethereum: Go for it! 💪Ethereum is still acting coyly regarding the lower blue zone between $1456 and 1013. So far, the cryptocurrency has only dipped into it shallowly and drawn back, as if its surface was too cold to the touch. We expect Ethereum to overcome its reluctance, though, and to dive into the lower blue zone properly to finish wave (ii) in blue. Afterwards, it should move upwards, crossing the resistance at $2029 and heading for the upper blue zone between $2982 and $3420. However, there is a 42% chance that Ethereum could rush through the lower blue zone and drop below the support at $883, thus triggering further descent.
BINANCE:ETHUSD
by MarketIntel
ETH Daily TA Neutral BearishETHUSD Daily neutral with a bearish bias. Recommended ratio: 48% ETH, 52% Cash. *JOBS REPORT WATCH. DXY and US Treasuries are dominating headlines again and pulling liquidity from markets as DXY hit $110 in today's session for the first time since September 2002. The 9th GDPNow US Q3 GDP estimate came in at 2.6% today compared to 1.6% on 08/26/22 ; this adds to the basket of recent bullish economic data leading up to tomorrow's Employment Situation. Cryptos are currently attempting to lead a corrective bounce in Risk-On markets after a Jackson Hole inspired sell off. Equities, Futures and Commodities are all down while DXY, US Treasuries, VIX and Cryptos are up. Something to keep an eye on regarding Cryptos next week is the due date for responses to the Biden Admin's Executive order on cryptocurrencies from market regulators and the US Treasury, Commerce and Justice Departments. Though mainly focused on the viability of a CBDC and its implementation, it will also help clarify which regulatory agencies are responsible for what in the cryptocurrency industry. Interestingly it will also discuss Proof of Work mining and its burden on ESG policies just days before Ethereum is set to transition to Proof of Stake. The Merge is still scheduled for launch on Ethereum's Mainnet 09/15/22 . Bitcoin Maximalist Michael Saylor is being sued by the Washington D.C. Attorney General for alleged tax evasion . Key Upcoming Dates: August Employment Situation 830am EST 09/02 ; 6th Beige Book at 2pm EST 09/07; August CPI at 830am EST 09/13.* Price is currently trending up at ~$1566 and deciding between an Ascending Triangle breakout or a Bear Flag breakdown, the next resistance is the 50 MA (~$1640) which it has tested in the previous two sessions. Volume is Moderate and on track to favor buyers for a second consecutive session if it can close today's session in the green. Parabolic SAR flips bullish at $1683, this margin is mildly bullish at the moment. RSI is currently trending up slightly at 45 after successfully defending the descending trendline from 07/17/22 as support at 37 support. Stochastic remains bullish and is currently testing 47 resistance with no signs of peak formation. MACD remains bearish and continues forming a trough at -46 minor support, if it can break above -22 it would be a bullish crossover. ADX is currently trending down slightly at 22 as Price is trending up, this is mildly bearish. If Price is able to continue higher then it will likely retest the 50 MA at ~$1640 as resistance for a third consecutive session. However, if Price breaks down here, it will confirm a Bear Flag formation which would likely have Price retest $1427 support . Mental Stop Loss: (two consecutive closes above) $1711.
COINBASE:ETHUSD
by dailytaguy
Ethereum at 61.8% fib?Ethereum Intraday We look to Sell at 1608 (stop at 1631) Our short term bias remains negative. Selling continued from the 61.8% pullback level of 1607.04. There is scope for mild buying at the open but gains should be limited. We look for a temporary move higher. Preferred trade is to sell into rallies. Bearish divergence is expected to cap gains. Our profit targets will be 1529 and 1501 Resistance: 1610 / 1700 / 1800 Support: 1529 / 1500 / 1450 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
SAXO:ETHUSDShort
by Saxo
1
Jamie Gun2Head - Selling EthereumTrade Idea: Selling Ethereum Reasoning: Price ran into a 61.8% fib level, bulls running out of momentum. Looking for selloff to be extended. Would ideally get in at a slightly higher level to help stop positioning Entry Level: 1539 Take Profit Level: 1421 Stop Loss: 1576 Risk/Reward: 3.19:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
COINBASE:ETHUSDShort
by Signal_Centre
1
⭕Best BUY area for ETHEREUM 💣🔥🔰You can see the Ethereum analysis in the 4-hour time frame(ETHUSDT _ 4H)🔍🧨 According to the upward trend line (black🖤) as well as the price movement in the classic flag pattern(Orange🧡) , the suitable area for buying can be considered in the overlapping area of the upward trend line(🖤) and the bottom line of the flag pattern (🧡) and the DEMAND range, and the target can be predicted as the SUPPLY range🧐❗ Do you think this analysis can be profitable❓❓ I hope the analysis was useful for you🤍🌹 📌Please introduce "TRADER STREET" to your friends 🙏🏻 ____________📈TRADER STREET📉_______________
Long
by TRADER_STREET
Ethereum – when to buy?Hello, everyone! I ususally make an articles only about the Bitcoin because it’s the cryptomarket’s father. But today I decided to review altcoins because they can demonstrate more significant gains. Today I am going to talk about Ethereum. ETH demonstrated strength against BTC and most of treders now are interested in it. Ethereum is copying the Bitcoin’s waves structure, but has more impusive wave 4. It means that wave 5 could be not so deep as we can suppose. I think the wave 4 is finished and while the wave 5 on the Bitcoin have almost hit the lowest low in this cycle, ETH is staying much higher. If we take a look globally the wave 4 have not even reach the Fibonacci golden pocket, just 0.38 – the ordinary wave 4 correction. Look at the awesome oscillator. Waves 1 and 3 have almost one value – it means that these 2 waves have the same power. Wave 5 should not be so poweful. It can be even trimmed. We have to watch carefully on the daily timeframe also and not to miss the bottom. I will tell you when Ethereum form the bottom in my interpretation. Good luck!
by Skyrexio
1
Ethereum still moving lower? Ethereum Intraday We look to Sell a break of 1519 (stop at 1561) Our short term bias remains negative. A break of the recent low at 1520 should result in a further move lower. 1527 has been pivotal. We look for losses to be extended today. Our profit targets will be 1421 and 1391 Resistance: 1600 / 1650 / 1700 Support: 1520 / 1440 / 1400 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
SAXO:ETHUSDShort
by Saxo
What stocks have ETH on their books ahead of The Merge? Ethereum's long-awaited “Merge” is expected to occur around Sept. 15, and is heralding fresh interest for the platform as it transitions to proof of stake from proof of work. The Merge is considered as the most significant upgrade in Ethereum's history that is expected to reduce the platform's energy consumption by 99.95%. Considering the benefits and the risks associated with the upgrade, a lot of cryptocurrency and stock investors are cautiously waiting its implementation. The Benefits vs The Risks The Merge will is expected to eliminate the need for energy-intensive mining and instead secures the network using staked Ether, the platform's signature currency and the second-most valuable digital asset after Bitcoin. The process is tipped to pave the way for scaling upgrades and help solve Ethereum's biggest problems, which is the substantial fees required to use the network. Unfortunately, along with the benefits come the dangers of proceeding with The Merge. What Ethereum is attempting is a complicated process, which is probably why it has been delayed for years since it was unveiled more than eight years ago. Crypto venture investor Christopher Calicott said "any time you're making changes to a complex system, there must necessarily arise unintended consequences." Chandler Guo, a crypto industry veteran who leads a group opposing The Merge noted that "it's very difficult. It's very dangerous." According to some crypto experts, a change of this scale could also make Ethereum vulnerable to hacks or other disruptions. Public Interest There are 12 public companies with Ethereum on their balance sheets, holding a combined 212,513 Ether. However, most of these entities are not on major recognisable exchanges. The exceptions being Coinbase Global (NASDAQ: COIN), BTCS (NASDAQ: BTCS), Meitu (HKG: 1357), Galaxy Digital Holdings (TSE: GLXY), and Mogo (TSE: MOGO). The remaining seven entities, which can be found in over-the-counter or smaller exchanges focused on promoting black-swan type firms, include: Neptune Digital Assets (CVE: NDA), Ether Capital (OTCMKTS: DTSRF), HIVE Blockchain Technologies (CVE: HIVE), BIGG Digital Assets (CNSX: BIGG), Digihost Technology (CVE: DGHI), FRMO (OTCMKTS: FRMO) and Cypherpunk Holdings (CNSX: HODL). Considering the scale of The Merge, it could either make or break some of these small cap companies, as well as retail users of one of Ethereum. Failure of the upgrade could imperil thousands of crypto applications that operate using Ethereum, which collectively handle more than $50 billion user funds. Because the process is surrounded in much uncertainty, a lot of the predictions for what will happen once the upgrade is started are rooted from speculations. Regardless of the result, The Merge brings about plenty of attention to Ethereum and some traders are expecting the lead-up to the upgrade will see Ether prices rise in the short-term to between $1,850 to $2,000, Blockworks reported. Ether has already outperformed bitcoin in the past few weeks due to hype surrounding the upgrade. The number two crypto is up around 47% over a 50-day period to about $1,500 on spot markets, while bitcoin remains relatively flat, trading near $20,000.
BLACKBULL:ETHUSD
by BlackBull_Markets
1
ETH Daily TA Cautiously BearishETHUSD Daily cautiously bearish. Recommended ratio: 30% ETH, 70% Cash. *Cryptos saw a bearish weekend after Jerome Powell's hawkish remarks in Jackson Hole on Friday renewed fears of a Fed induced recession and drove investors to US Treasuries and DXY. Depending on August's Employment Situation and CPI, a 75bps rate hike is very much so still on the table come 09/21. At the moment, it seems very likely that FFR will finish 2022 above 4% and remain that way for most of 2023. Equity Futures are down to start the week as DXY continues its rally higher toward $112 minor resistance (it is currently at $109.27). The Merge is still scheduled for launch on Ethereum's Mainnet 09/15/22 . Key Upcoming Dates: August Consumer Confidence Index at 10am EST 08/30; 9th GDPNow US Q3 GDP estimate at 10am EST 09/01; August Employment Situation 830am EST 09/02.* Price is currently testing $1427 support after breaking below the 50 MA (~$1585). Volume remains Moderate (High) and has favored sellers in the last three sessions; it's also on track to shrink for a fourth consecutive session and favor buyers if it can close today's session in the green. Parabolic SAR flips bullish at $1813, this margin is mildly bullish. RSI is currently testing the descending trendline from 07/17/22 as resistance at 37 resistance, this is after bouncing off of 35. Stochastic remains bearish and is currently testing max bottom as it will look to crossover bullish in the coming sessions. MACD remains bearish and is currently testing -46.46 minor support without signs of trough formation. ADX is currently trending sideways at 24 as Price is testing $1427 support, this is neutral at the moment. If Price is able to bounce here at $1427 support then it will likely retest the 50 MA at ~$1625 as resistance (which is also the largest supply/demand zone on the chart in 2022). However, if Price continues to break down here, it will likely test $1200 as support before potentially retesting $1k psychological support . Mental Stop Loss: (two more consecutive closes above) $1427 .
COINBASE:ETHUSD
by dailytaguy
Ethereum - Panic creeps back into the marketThroughout July and August, we warned that the bounce in the cryptocurrency market, which many rushed to call a trend reversal, was a bear market rally doomed to fail. Then, on 16th August 2022, we gave an ultimate warning to investors as we speculated the top was in for the rally, and a 50% decline was looming. Since then, the price of Ethereum has fallen an astounding 25%, and we have seen more confirmations of our bearish thesis. Because of that, we continue to be bearish in the short, medium, and long term. Indeed, we think the selloff will accelerate in the foreseeable future, leading to panic selling and subsequently to new lows over time. Our views are based upon technical indicators that flash strong warning signs across the board and low liquidity in the market. However, fundamental factors also significantly contribute to our bearish opinion. Repeatedly, higher interest rates, quantitative tightening, and a slowing economy pose a great threat to the stock market and the cryptocurrency market. Accordingly, we stick to our price target of 1 000 USD per Ethereum. However, we would like to set also a second price target for ETHUSD at 900 USD. Illustration 1.01 The picture shows the daily chart of Ethereum and two moving averages, 20-day SMA and 50-day SMA. On 24th July 2022, these averages underwent mean reversion, signifying a powerful downtrend correction. We would like these averages to reverse into a bearish constellation to give us further bearish confirmation. Technical analysis - daily time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the daily time frame is bearish. Illustration 1.02 The illustration shows two bearish breakouts that confirmed our thesis in the past two weeks. Interestingly, these developments are identical to those on the chart of BTCUSD. Technical analysis - weekly time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish. Illustration 1.03 Illustration 1.03 shows simple support and resistance levels derived from peaks and troughs. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
BITSTAMP:ETHUSDShort
by Tradersweekly
31
Expecting downtrend for Ethereum!Check my recent Ethereum/BTC chart as well guys, Ethereum is really not looking well at all! I shorted Ethereum already but unfortunately it tumbled a bit too fast and I could not alert you guys about the shorting opportunity. However, I did post the $ETHBTC bearish analysis before it fell this much! Follow me for the highest quality signals for FREE! I shorted Ethereum at the top at $2020 too before this local top! Feel free to ask me about anything you are curious about!
Short
by MarketAnalyzerFX
ETHEREUM: IN A SITUATION WHERE NO ONE WANTS TO BE.Hello folks, the FED news did create a negative impact on the market. Here's a quick update on ETH in a higher timeframe. Timeframe: 3 Days. Update: Back on June 18, when ETH dropped to $881, it looked pretty messed up but then it created a support level and managed to bounce back 132% ($881 to $2030) in 57 days. Sadly, it couldn't reach the upper trendline line at $2500, and also there was a resistance level between $1700 to $2000. The current price is struggling to hold the 21 MA support level. If ETH goes beyond this level then it is possible that we will see ETH close to $1k once again. If at all ETH manages to hold the 21 MA then we can expect a bounce. Also, let's not forget that in shorter TF, ETH is under an H&S pattern which is a bearish pattern. Can we consider ETH close to or below $1k to be a good buying range? It depends on the fundamentals and how the market reacts. I would like to jump in and fill my bags with some ETH. What is your idea about ETH? Let me know in the comments. Thank you for reaching my updates. I hope this update was helpful. I'll see you again until then trade safely.
by Dexter_The_Trader
2
Ethereum: Bottom Price with TimelineHello friends, today you can review the technical analysis on the 1M (monthly) linear scale chart for Ethereum ( ETHUSD ). I placed vertical lines for the month of April from 2017-2025 to show up to now and in the future when price may start making major moves. The current structure looks very similar to 2018 and my prediction shows the same type of movement for Ethereum. The concerning factor is the price has a significant downturn to go based on this chart scenario. Other concerns include low volume, bearish MACD, and RSI is right at the support line. The long-term looks positive for Ethereum as I see upside over $8K but price may need to get to around $200 before it goes higher. Hold on tight! What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITFINEX:ETHUSD
by MillionaireEconomics
22
ETHBTC Looking Bearish!Ethereum / Bitcoin pair is looking pretty bearish which will cause $ETHUSDT to drop too. Although Bitcoin has the possibility of going up, like I stated in my recent bitcoin analyses, I do not think $ETHUSDT will go up too much because of $BTCUSDT. $ETHBTC will stop $ETHUSDT from going up, and like I stated in my recent analysis, $BTCUSDT does have the possibility of going down. If $BTCUSDT heads down, then I $ETHUSDT will suffer very hard because we will have multiple factors bringing Ethereum down. I called $ETHUSDT from the top at over $2000 ;) check my profile for proof, and follow me to never miss out on high quality signals for free!
Short
by MarketAnalyzerFX
Ethereum posting higher lowsEthereum Intraday We look to Buy at 1644 (stop at 1603) The sequence for trading is higher highs and lows. Previous support located at 1650. There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 1715. Preferred trade is to buy on dips. Our profit targets will be 1746 and 1789 Resistance: 1700 / 1750 / 1800 Support: 1650 / 1550 / 1500 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
SAXO:ETHUSDLong
by Saxo
ETH Daily TA Neutral BearishETHUSD Daily neutral with a bearish bias. Recommended ratio: 40% ETH, 60% Cash. * S&P US August Manufacturing PMI fell to 51.3 (from 52.2 in July) , its lowest level since July 2020. Cryptos are seeing a continued rally from Sunday to start the week while Equities were mixed but stayed relatively flat. DXY took a dip while Treasuries are up, and both the VIX and Gold are up in anticipation for Q2 GDP and Jackson Hole later this week. The Merge is still on schedule for a 09/15/22 launch on Ethereum's Mainnet . Key Upcoming Dates: 7th GDPNow US Q3 Estimate at 830am EST 08/24 ; US Q2 Final GDP Estimate at 830am EST 08/25; US July PCE at 830am EST 08/26; UofM Final August Sentiment Survey Index at 10am EST 08/26; Jackson Hole Economic Symposium on 08/25-08/27 (Fed Chair Jerome Powell scheduled to speak on 08/26).* Price is currently trending up at $1650 and briefly touched $1711 minor resistance as it continues to defend the 50 MA + the uptrend line from 06/18/22 as support at ~$1550. Volume is High and on track to favor buyers in three consecutive sessions while defending the 50 MA, this is bullish and hints that The Merge rally isn't over. Parabolic SAR flips bullish at $1969, this margin is mildly bullish. RSI is currently trending up at 47 after bouncing at 42, the next resistance is the descending trendline from February 2020 at 54 (which would likely coincide with 55.31 resistance). Stochastic remains bullish for a second consecutive session and is currently trending up at 14; the next resistance is at 18. MACD remains bearish and is currently trending down with no sign of trough formation; it is still technically testing 28 support. ADX is currently trending down at 26 with no sign of trough formation as Price is attempting to push higher, this is mildly bearish at the moment. If Price is able to break above $1711 minor resistance , the next likely target is a retest of $1941 resistance . However, if Price is rejected at $1711 minor resistance, it will likely retest the 50 MA + the uptrend line from 06/18/22 at ~$1550 as support before potentially retesting $1427 support . Mental Stop Loss: (two consecutive closes above) $1711.
COINBASE:ETHUSD
by dailytaguy