EthereumShort
Ethereum Pump Fades
Ethereum pumped a bit from lows after the FOMC event yesterday lifted stocks in a relief rally. This was quickly faded and we met stiff resistance at $1235, which we anticipated yesterday. We are currently wavering in the area between $1235 and $1017, establishing value here for now. We expect 
1K to hold for now, as it is a strong psychological and technical level, aligning with a strong Fibonacci level drawn on daily charts. This is the barrier between current prices and 3 digit ETH. If it does not hold, we should see support in the $900's.
1K to hold for now, as it is a strong psychological and technical level, aligning with a strong Fibonacci level drawn on daily charts. This is the barrier between current prices and 3 digit ETH. If it does not hold, we should see support in the $900's.
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Publications connexes
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.