ETH: The Bull's Last Stand
Ethereum is currently sitting around the .786 with over a 50% drop from the ATH since November 2021. If the .786 fails to hold, the bull's will have their last stand at the MAJOR support zone around $1,700 - $1,800.
Daily RSI has dropped to 22, which is the lowest we've seen in 2 years. There is a chance we could see a reversal in the coming weeks.
Here are the two scenarios:
Bullish: ETH breaks above the major top trend line and holds above $3,000.
Bearish: ETH has daily closes below $1,700.
This is not financial advice. These are just my ideas and opinions.
Daily RSI has dropped to 22, which is the lowest we've seen in 2 years. There is a chance we could see a reversal in the coming weeks.
Here are the two scenarios:
Bullish: ETH breaks above the major top trend line and holds above $3,000.
Bearish: ETH has daily closes below $1,700.
This is not financial advice. These are just my ideas and opinions.
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.
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.