Ethereum (ETH): Calm Before The Storm / Buyers Failing To Hold
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Ethereum is in a bad spot where, after a bigger correctional candle on the 10th of March, we have not had any proper recovery since then.
Yes, we did get some sort of recovery but as we can see, the push has been suppressed, and the price is now heading back toward the local lows.
Now we are still looking ideally for that upper zone to be tested and then for a bigger drop to come but if we get a BoS, then we will go into an early drop!
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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.