ETH - Testing LTF Support

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Right now ETH is testing its short term support. This is the green trendline I have drawn. It held down price until price was able to breakout and retest it as new support before the recent push higher to $3,750. Now that price has dropped it is still holding that green trendline.

So far this is a great development on the lowertimeframe. If we can maintain support we could see a recovery, but if we break this level it is very important to continue to hold the white line below. If we cannot hold that then that test of the sub $3k level will most likely be on the table.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.