As we can see, ETH is trading in a small triangle pattern between $2,030 - $1,425.
Bullish Scenario: Break above the trend line and the local resistance of $1,800. Bearish Scenario: Break below the trend line and the local support at $1,400.
Note
The bottom trend line has been broken. $1,400 support zone is the next target.
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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.