Ethereum made another run for $1653, but met stiff resistance and retraced back to support at $1547. We appear to have a double top at $1653, which could suggest that we've maxed out for now. However, $1547 is providing strong support confirmed by green triangles on the KRI. If we are able to pivot, we could easily make another run for $1653. If support caves, we could easily retrace through the vacuum zone to $1424.
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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.