EthereumShort
$ETH to $3000-3100 before new lows?
Everyone is extremely bullish on ETH (and crypto in general), but the charts tell a different story. While many people will think the low is in (Feb 3 spike), I think we still have another larger fall to come over the next few weeks.
I could see the possibility of a move up to the resistance at $3000-$3100, but then after that, I'd set tight stops, as I think we're in for new lows. We're likely to see the bottom supports get tagged.
$1200-878 are likely, and in the extreme case, it's also possible to see $693.
I could see the possibility of a move up to the resistance at $3000-$3100, but then after that, I'd set tight stops, as I think we're in for new lows. We're likely to see the bottom supports get tagged.
$1200-878 are likely, and in the extreme case, it's also possible to see $693.
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.
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.