TheForecasters

ETH is making ATH's, HOW LONG WILL IT LAST???

Short
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
ETH has yet again made ATH's and doesn't seem to be slowing down, however it can see a big drop and I think it's close. As we can see here our target has basically been reached from the breakout of that ascending triangle and ETH is also trading in a very steep uptrend without having created much support. The last major support level I see is back at 1430 and I still think we will get back there.

On the other hand ETH has no resistance up ahead except for psychological levels and we can also see it trade much higher if the bulls want to take full control.
-
-
-
-
-
-
-
-
-
-
-
Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.

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.