ETH has found support at a bullish trend line which dates back a couple of weeks now. The prices are moving slightly bullish, so no immediate danger of more bearish price action.
However, the state of crypto and stocks remains neutral at best, so there's more potential downside for the coming days. In case we fall through, I'm expecting a fall towards the $2700 area. However, if stocks open green tomorrow, we might see a $3250 ETH in the near future.
Happy trading!
However, the state of crypto and stocks remains neutral at best, so there's more potential downside for the coming days. In case we fall through, I'm expecting a fall towards the $2700 area. However, if stocks open green tomorrow, we might see a $3250 ETH in the near future.
Happy trading!
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