FXEvolution

ETHEREUM Breaks Down To Test Previous Levels? $1440 Target Supp!

Kort
FOREXCOM:ETHUSD   Ethereum
Hi Everyone,

As many of you would be aware I'm pretty bullish on Ethereum and Bitcoin for the later half of 2021 but with the recent week of incredible gains comes the inevitable profit taking selloff. Lets take a look at this $1,440 level for instance. This level was previously triple resistance and should now act as support when intersecting with the 20 moving average on the daily.

Good Luck this week,

Tom

PS. If you are interested in finding out more about our courses check them out at www.fxevolution.com

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