Hello hello! I made a quick analysis on ETH on a daily timeframe and I see some potential of another aggressive move of at least 10%. The EMAs are close to cross, indicating a bullish environment, the moving averages overall shows a strong buy, and a strong zone of resistance was recently broken, so the next target should be the next zone - at 1373. On the retest of the previous resistance we can be looking for an entry, giving us a 10% move until the next zone.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.