Augustus1st

Ethereum is going back in positive area

Long
INDEX:ETHUSD   Ethereum
Hey all,

After a few weeks of retracement, Ethereum is trying to get out from its daily cloud.

Prices broke the 1,700$ resistance, and Lagging Span also.

If prices exit this cloud, 2,200$ is the first target. And 2,590$ the second target, these are two important technical areas.

First strong resistance at 1,518$.

Cheers !

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.