ETH has been moving in the 2'900-3'000 range, which is perfectly in line with the drawn levels.
Now, price is at the bottom of the range and could follow the trend up again. The level to watch on the downside is once again 2'880 (or 50 SMA, wherever it is). On the upside, we need to break 3'040 in order to go up. Dips to 100 SMA are golden buy opportunities.
Now, price is at the bottom of the range and could follow the trend up again. The level to watch on the downside is once again 2'880 (or 50 SMA, wherever it is). On the upside, we need to break 3'040 in order to go up. Dips to 100 SMA are golden buy opportunities.