My thoughts on ETH:USD
The resistance around 600 seems too strong to be broken, for now. Maybe a new low would give enough momentum to go around 700ish. I dont think we would go as low as we did in mid april. My estimation is aroung 430.
Trade active
Seems like bulls gained more power than i thought the would.New buy targets for me are 530-ish, i give 70 % for this to be the lowest point,
and 440, with 30%.
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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.