Ethereum Slumps
As mentioned yesterday, Ethereum is ranging between $1017 and $1235. We appear to be forming a bear wedge pattern, and the Kovach OBV has turned south. We do appear to be finding strong support at 
1K, but there is a lack of follow through from buyers, and typically this means another dump is in order. As the economy careens toward a recession, the likelihood of a crypto pump diminishes. If 1K caves, then we should see support around $900, but 3 digit ETH prices are concerning. If we are able to rally, $1235 should be a barrier, but after that, $1341 is the next target.
1K, but there is a lack of follow through from buyers, and typically this means another dump is in order. As the economy careens toward a recession, the likelihood of a crypto pump diminishes. If 1K caves, then we should see support around $900, but 3 digit ETH prices are concerning. If we are able to rally, $1235 should be a barrier, but after that, $1341 is the next target.
Join my discord at discord.io/quantguy
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.