[05-03-2023] Forecast ETHUSD Signal
Ethereum is breaking down, which is no surprise given that it loves to follow Bitcoin.
As of now, the $1,600 area is new resistance based on recent closing prices and lows this week.
The monthly open is just above that at $1,605, so keep that in mind.
If ETH bulls can’t reclaim $1,605 in the next few days, we’ll likely see a retest of $1,500 support, and below that is the $1,420 confluence of support.
As of now, the $1,600 area is new resistance based on recent closing prices and lows this week.
The monthly open is just above that at $1,605, so keep that in mind.
If ETH bulls can’t reclaim $1,605 in the next few days, we’ll likely see a retest of $1,500 support, and below that is the $1,420 confluence of support.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.