Ethereum continues to hold the uptrend line.
Price is testing the RSI uptrend line on the 1H Timeframe.
Trading volumes and volatility are declining and the current price movement looks like a downward wedge.
I expect price may correct if it gets above the resistance level.
Price is testing the RSI uptrend line on the 1H Timeframe.
Trading volumes and volatility are declining and the current price movement looks like a downward wedge.
I expect price may correct if it gets above the resistance level.
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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.