Ethereum like Bitcoin will spend the next 8-12 hours retracing.
I do believe it will set a new higher low and continue back up towards $3200 which is an important resistance zone.
Check link below for my Bitcoin retracement idea.
I will be buying these dips. This is not advice. Trade at your own risk.
I do believe it will set a new higher low and continue back up towards $3200 which is an important resistance zone.
Check link below for my Bitcoin retracement idea.
I will be buying these dips. This is not advice. Trade at your own risk.
Note
interestingly enough the reversal is happening halfway through the four hour period started at 11am, lets see if ETH can break the top trend lineRelated publications
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Related publications
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.