The trend is very attractive in the longterm. If it can be stabilized above its historical peak, the targets are very attractive. On the other hand, due to the current resistance zone, ETH can be very risky at the moment. It must be monitored...
Trade closed: stop reached
After stabilization above 2030 $, a long position is rational. At the moment it lost its support (1600$).
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.