Eth is possibly retracing to the fib 0.618 which is at 2121 before it will make new highs. Hence there is a strong support zone at the level.
bullish indications:
Trend line resistance is broken.
HHHL.
Bearish indications:
Bearish divergence .
Forming double top formation as the retracement.
Resistance is respected at 2731
bullish indications:
Trend line resistance is broken.
HHHL.
Bearish indications:
Bearish divergence .
Forming double top formation as the retracement.
Resistance is respected at 2731
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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.