Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section.
ETH performed well after a sharp bounce from the lower trend line support.
ETH was able to gain almost 13%.
It was unable to break above and got rejected from the resistance level of $1177 and currently trading at 7% from the resistance level.
ETH currently holding the red MA pretty well and if it is able to sustain that then ETH will again regain its position.
Candle close below the lower support will be the invalidation point for this chart analysis.
NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
ETH performed well after a sharp bounce from the lower trend line support.
ETH was able to gain almost 13%.
It was unable to break above and got rejected from the resistance level of $1177 and currently trading at 7% from the resistance level.
ETH currently holding the red MA pretty well and if it is able to sustain that then ETH will again regain its position.
Candle close below the lower support will be the invalidation point for this chart analysis.
NOTE: This is not financial advice This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
