Ethereum (ETH): Possible Buying Wall Forming | Support Forming?
Ethereum is still struggling to find that proper support zone from which we would bounce.
After a recent breakdown from the $2,000 zone, we reached our target zone of $1,500, where now we are seeing few signs of possible buying pressure to come.
RSI is overbought, and weekends formed a bigger CME gap, which might send prices back to $2,000, but if we see any further weakness below $1,500, then we are going to see a nasty dip in the coin.
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After a recent breakdown from the $2,000 zone, we reached our target zone of $1,500, where now we are seeing few signs of possible buying pressure to come.
RSI is overbought, and weekends formed a bigger CME gap, which might send prices back to $2,000, but if we see any further weakness below $1,500, then we are going to see a nasty dip in the coin.
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🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
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.