EthereumShort
ETH IDEA
Orange line (EMA) = Dynamic resistance. This means that as long as ETH don't break a significant value from that line, a downtrend continues to exist.
White downward-curved parabola = same behavior as last month = expectation that the ETH value does not exceed or walk under a white parabola.
Red rectangle at the $1730 mark = strong resistance
White downward-curved parabola = same behavior as last month = expectation that the ETH value does not exceed or walk under a white parabola.
Red rectangle at the $1730 mark = strong resistance
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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.