Watchin the hourly ETH/USD as it falls into a fairly unsupported zone. Bears in control at $490.
$501 USD has served as a solid ceiling as it was tested numerous times today
Below $490 is looking like an overall dangerous zone support wise
You can see the 3 black arrows marking a fairly unsupported 14% gap down to $410-$420 and was a former support heading to $415
$501 USD has served as a solid ceiling as it was tested numerous times today
Below $490 is looking like an overall dangerous zone support wise
You can see the 3 black arrows marking a fairly unsupported 14% gap down to $410-$420 and was a former support heading to $415
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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.