Long Term Prospect: ETHUSD is facing a long term pressure downtrend line.
Short Term Prospect: sellers have been facing several anti-shorters challenge. Daily and 4 hours chart are moderate bullish.
If it could test the upside, said 1688 or 1700, then backtest 1500 to 1525 to confirm bullish trend, that would be nice. Then a break up the long term presssue downtrend zone would be possible.
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.
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.