ETH price is compressing inside the apex (blue) which will lead to a significant move soon.
Overall the bias is bullish and there is a real chance ETH will shoot for the ATH to test that level. Therefore, wait for the breakout to long as indicated in the chart. A nice 15% play can be had.
If not, the next buy areas are Fib 23.6% and 38.2% levels as indicated on the chart at around 1k. A short is very risky in this bullish market, so be careful and use proper stop losses.
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.