ETH not long ago made a new ATH right at the top of the rising channel before stating to head back down again. Price is now getting close to hitting a horizontal weakly resistance level, and also the support level in the rising channel. I think in around the next week or so price of ETH will go down to where the horizontal resistance level and the support of the channel both intersect before making a new ATH.
Possible support level: $4,150-$4,050
Possible ATH amount: $5,500-$5,600 or more
Possible support level: $4,150-$4,050
Possible ATH amount: $5,500-$5,600 or more
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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.