Although there are many bad news around tariffs, I think market have already priced it all, so we can have a bounce as a retracement.
As ETH has fallen to 1400 level from 3300 ( more than 58%), it completed 5 wave an bearish impulse( Wave A from ABC retracement), now I believe it can go for a B wave, reaching 2100$ as a solid and fair price for Etherium.
Support: 1090$-1200$-1370$
Resistances: 1760$-1980$-2100$-2620$
As ETH has fallen to 1400 level from 3300 ( more than 58%), it completed 5 wave an bearish impulse( Wave A from ABC retracement), now I believe it can go for a B wave, reaching 2100$ as a solid and fair price for Etherium.
Support: 1090$-1200$-1370$
Resistances: 1760$-1980$-2100$-2620$
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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.