ETH/USD Bounces Back Ahead of Monthly Low
ETH/USD appears to be bouncing back ahead of the monthly low ($2107) as it trades back above the 50-Day SMA ($2262).
ETH/USD Outlook
ETH/USD carves a series of higher highs and lows following the failed attempts to close below the $2176 (61.8% Fibonacci extension) to $2228 (50% Fibonacci extension) region, with a breach above the $2316 (61.8% Fibonacci retracement) to $2353 (78.6% Fibonacci extension) zone bring the $2547 (38.2% Fibonacci extension) to $2580 (100% Fibonacci extension) area on the radar.
ETH/USD may track the positive slope in the moving average as it trades back above the indicator, but failure to break/close above the $2316 (61.8% Fibonacci retracement) to $2353 (78.6% Fibonacci extension) zone may push Ethereum back towards the $2176 (61.8% Fibonacci extension) to $2228 (50% Fibonacci extension) region.
ETH/USD Outlook
ETH/USD carves a series of higher highs and lows following the failed attempts to close below the $2176 (61.8% Fibonacci extension) to $2228 (50% Fibonacci extension) region, with a breach above the $2316 (61.8% Fibonacci retracement) to $2353 (78.6% Fibonacci extension) zone bring the $2547 (38.2% Fibonacci extension) to $2580 (100% Fibonacci extension) area on the radar.
ETH/USD may track the positive slope in the moving average as it trades back above the indicator, but failure to break/close above the $2316 (61.8% Fibonacci retracement) to $2353 (78.6% Fibonacci extension) zone may push Ethereum back towards the $2176 (61.8% Fibonacci extension) to $2228 (50% Fibonacci extension) region.
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.