The price is expected to go down with the resistance provided by the yellow arc on my chart. Once the arc is broken, ETH is likely to resume its uptrend, or at least stop falling and go sideways.
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Possible longer term targets:
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Sorry, the previous chart is not about longer term targets. Here is it:
So the downtrend seems to be really stopped after the arc breakout.
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But there are still 7-10 days left before the longer term uptrend should resume, so for now sideways action is likely.
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Watching daily bullish arc
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Seems no sideways, but looks good anyway
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The uptrend is accelerating after making new all-time high
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The top is near. Current price is $273, possibly it will go to $280, the upper band of the long term channel. But if it breaks it up and holds above, we may see even higher prices.
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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.