In this weekly chart 3000 coincides with ma50 line so a short term bounce is expected. Stoich RSI ais also oversold.
Also holding 3000 means ETH will have a chance to go back inside the up-channel.
Otherwise, next support is 2663.
Money Flow Index shows that money has been pouring into ETH since Apr 0f 2020 when ETH started. Its bull run. That up-channel has not been broken since. If 3000 holds then wave 5 has to continue.
Also holding 3000 means ETH will have a chance to go back inside the up-channel.
Otherwise, next support is 2663.
Money Flow Index shows that money has been pouring into ETH since Apr 0f 2020 when ETH started. Its bull run. That up-channel has not been broken since. If 3000 holds then wave 5 has to continue.