Ethereum has been on a downtrend for the higher-timeframe. Price had broke the bearish trendline to the upside before selling at the ending of previous week. We are anticipating a retest of the trendline to continue bullish (Buy-side scenario).
If price breaks support then we can see more sell pressure (Sell-side Scenario).
Read and React!
If price breaks support then we can see more sell pressure (Sell-side Scenario).
Read and React!
Note
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For more value and signals, join the Skyboxpips community t.me/Skyboxpips
Follow us on Instagram @skyboxpips
Follow us on Instagram @skyboxpips
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.