Ethereum is showing a clear RSI divergence paired with a developing double top, making this a key area to manage risk.
I’ve personally taken profit on my longs and am watching how price reacts in this range.
- Next resistance: $2,840
- Key support: $2,200
Right now, I don’t like the risk-to-reward of holding. There’s more downside exposure than upside potential from this level — at least until structure confirms otherwise.
I’ve personally taken profit on my longs and am watching how price reacts in this range.
- Next resistance: $2,840
- Key support: $2,200
Right now, I don’t like the risk-to-reward of holding. There’s more downside exposure than upside potential from this level — at least until structure confirms otherwise.
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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.