Ethereum Recovers the $1400's
Ethereum has pulled back all the way to $1341. We found support here, confirmed by a green triangle on the KRI. Subsequently we bounced back to the $1400's, barely breaking our level at $1424. We don't expect too much more action, with strong resistance from $1547. Another dump could take us back to $1235, which is the upper bound of the range ETH had held for most of this month. If we break down from there we will have returned to the range between $1017 and $1235.
Join my discord at discord.io/quantguy
Related publications
Disclaimer
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.