Bitcoin Trend Analytics August 24
ETH is currently in consolidation with stronger strength than BTC. The first key support is at an area between $1523.45-$1507.42. if it is broken without a pullback in 12 hours, it will see a large slide.
Consolidation is in this round of recovery. Similar to BTC, ETH will come back and forth within a price range. Breaking up and remaining above $1769.20-$1780.18 for 24 hours is a sign of a successful breakout.
A lot of short-term bullish supports are in the long-term bullish channel. This is temporarily the core support of ETH.
Consolidation is in this round of recovery. Similar to BTC, ETH will come back and forth within a price range. Breaking up and remaining above $1769.20-$1780.18 for 24 hours is a sign of a successful breakout.
A lot of short-term bullish supports are in the long-term bullish channel. This is temporarily the core support of ETH.
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.