We reached 300$ support this morning. I dont expect it to reach 250$ support. But be ready for it when you adjust Stop Loss. Put SL below 240$ and target for 500$ longterm. I think it probably the best entry Point for ETHUSD. looking at the Pitchfork, I think we should reach 400$ at around 27th of June, maybe later or sooner, it depends if there will be another good or bad news. But the longterm trend remains.
Note
price is trading close to the trendline.
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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.