Ethereum
Short
Updated

If ETH breaks below $2800, whats next?

140
ETH has been due for a pullback since it broke its first ATH of $1400 zone of 2018.

We're approaching a strong support around the $2800 zone. Also, price has been respecting the trendline since Dec 2020.

If ETH breaks below $2800, I expect it to head to the $1400 zone. This will be my major buy zone.
Trade closed: target reached

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.