Will ETH Break This Key Resistance at $380?
Right now looking at lower time-frames we see ETH making another attempt to move above the long-term key horizontal level at $380. We've mentioned this level many times in recent analysis.
Above $380. We're bullish.
Below $380. We're bearish.
If the current test fails, the market sentiment may turn sharply negative — as price falls to our bad case scenario of $290. A 23% drop from current price.
From there we expect strong support, more consolidation, and another rally to finally push through $380.
SparksterSignals bots are watching closely for intra-day trading opportunities along with longer term position management. Check out the link below.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Above $380. We're bullish.
Below $380. We're bearish.
If the current test fails, the market sentiment may turn sharply negative — as price falls to our bad case scenario of $290. A 23% drop from current price.
From there we expect strong support, more consolidation, and another rally to finally push through $380.
SparksterSignals bots are watching closely for intra-day trading opportunities along with longer term position management. Check out the link below.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.