Easy Analysis, classic resistance turn support.
$400 limit has been a historic resistance in terms of how tough of a resistance it was for ETH to break out of.
Also, when it dropped back down, it never dropped below 400, making it into a support.
I expect a big responsive buying once there is a sharp drop to the $400 mark.
$400 limit has been a historic resistance in terms of how tough of a resistance it was for ETH to break out of.
Also, when it dropped back down, it never dropped below 400, making it into a support.
I expect a big responsive buying once there is a sharp drop to the $400 mark.
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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.