ETH Analysis
ETH is bouncing from the local support of $2400-$2480. If ETH breaks this level the next support zone is $2200-$2230 area. The last major support zone is $1850-$1920. The major resistance for ETH is $2880-$2910 area and ETH needs to break and hold above this level to turn bullish again. If you are looking for a new position then place your orders in the $2440-$2480 range (don't go all in). Also, place some orders at the lower support zone levels for a sudden market crash.
ETH is bouncing from the local support of $2400-$2480. If ETH breaks this level the next support zone is $2200-$2230 area. The last major support zone is $1850-$1920. The major resistance for ETH is $2880-$2910 area and ETH needs to break and hold above this level to turn bullish again. If you are looking for a new position then place your orders in the $2440-$2480 range (don't go all in). Also, place some orders at the lower support zone levels for a sudden market crash.
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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.