6/13- ETH/USD 4 Hr charts
ETH has been a great short these past 4 days as it is down nearly 25% in that timespan
Ethereum found some brief support earlier today and bounced off $450 levels
$450 is the next floor to break en route to new lows (red text box)
Price is currently at $475 USD
Ceiling above around $501
If this bounce carries into $490 and up im looking for another rejection as it nears the $500 levels
Going with downtrend still here, fun times
ETH has been a great short these past 4 days as it is down nearly 25% in that timespan
Ethereum found some brief support earlier today and bounced off $450 levels
$450 is the next floor to break en route to new lows (red text box)
Price is currently at $475 USD
Ceiling above around $501
If this bounce carries into $490 and up im looking for another rejection as it nears the $500 levels
Going with downtrend still here, fun times
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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.