The price has tapped into a Fair Value Gap and the price respected the trendline which maybe indicates a reversal
Trade active
ETH reacted beautifully from that Fair Value Gap. Price dropped into the zone, found strong demand, and pushed up with momentum. That reaction set the stage for breaking the downtrend line, and now things are looking bullish.If this strength continues, ETH could be on its way to retest those previous highs.
Just my view — not financial advice. The crypto game is wild, so stay sharp.
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.
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.