Ethereum paired against the dollar is also at the 3 day baseline resistance and a pullback from here is likely. Note the risk is in the very high range. I would be interested in the $3200 level of the blue moving average support as a potential buy with anything below that between $3200 and $2900 as a very good opportunity. The buy signal was around the $3000 mark so if you missed that signal then this good be a good setup to get in on the ETHUSDT pair at a good level.
The current price is 9% above the moving average and 18% above the base, these high numbers mixed with the very high risk of 98 a pullback here is a good bet.
The current price is 9% above the moving average and 18% above the base, these high numbers mixed with the very high risk of 98 a pullback here is a good bet.
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Explore markets with me - cryptodontrading.com
Check out the TDR & TDV Indicators for long term trades - cryptodontrading.com/cd-indicators
Check out the TDR & TDV Indicators for long term trades - cryptodontrading.com/cd-indicators
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.