Analysis: Right now ETH looks pretty good for those who are looking for an ATH. I don't see that to be come true, but I see a nice bearish channel forming on the daily and weekly charts. I see the current prices as a top for the latest bullish momentum. I opened a short position right here with a risk of 2.9%. I also marked two of my potential target levels that I am waiting to be touch. I am waiting to see the 1700$ level.
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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.