This one it's really obvious just from inspecting at the chart outlined above.
ETH it's currently at point of control, major support at 250$, failing to sustain this level will take ETH into major downtrend that could bring it back to double digits.
That's why i'm seeing this scenario more likely, which will be a ranging for upcoming months between 300 and 450$
If you look at my previous ideas on ETH i have nailed them all, lets hope the winning streak continues.
Be safe.
ETH it's currently at point of control, major support at 250$, failing to sustain this level will take ETH into major downtrend that could bring it back to double digits.
That's why i'm seeing this scenario more likely, which will be a ranging for upcoming months between 300 and 450$
If you look at my previous ideas on ETH i have nailed them all, lets hope the winning streak continues.
Be safe.
Note
Long term outlook Trade closed: stop reached
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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.