ETHUSD
Thoughts
On the ether chart, we observe uncertainty, as well as on all market assets in principle. The chances of going up or down are literally 50/50.
I would refrain from trading ETH for now, because I don’t really like such situations. But for those who trade, I will highlight the main theses on the chart:
The blue lines indicate the nearest targets in case of a breakout of the chart up. These are the levels: $2113 - $2271 - $2457
Support levels are marked with red lines: $1532 - $1717
Global support is at $1379
Of course, it is worth focusing strictly on BTC and its reaction. While we are monitoring the market and in case of any updates we will inform you about everything.
If you like the idea, don't forget to subscribe and rate like👍
Thoughts
On the ether chart, we observe uncertainty, as well as on all market assets in principle. The chances of going up or down are literally 50/50.
I would refrain from trading ETH for now, because I don’t really like such situations. But for those who trade, I will highlight the main theses on the chart:
The blue lines indicate the nearest targets in case of a breakout of the chart up. These are the levels: $2113 - $2271 - $2457
Support levels are marked with red lines: $1532 - $1717
Global support is at $1379
Of course, it is worth focusing strictly on BTC and its reaction. While we are monitoring the market and in case of any updates we will inform you about everything.
If you like the idea, don't forget to subscribe and rate like👍
Update
Since our last update, ETH broke through the support of $1717, and then settled below it.
An upward trend was formed (green line) and so far buyers have held back all attempts to go lower.
If we can break through the support and later gain a foothold under it, then the passage to the $1379 level will be open.
At the moment we are monitoring the situation and are not making any drastic decisions. As soon as there are any updates, we will definitely write to you.