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CheddarBizcuitz
6 août 2022 17:28

$ETH Price Prediction 08/06/2022 

Ethereum / U.S. dollarBitstamp

Description

Good initial push so far as we test long-term trendline and short-term EMAs.

The goal for today's D1 close would be to hold (close) above the previous ~1660 support line or perhaps the new tentative line at 1670; this could also be noted as 200EMA.

In doing so we would likely prevent a bearish piercing scenario while providing a solid setup for continuation towards 1800-1900.

The purple zone is now considered a volatile zone if the above fails.
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