Expecting to see a trend reversal from ~$2230-2500
Hi Traders,
As you see on the chart, Ethereum is still in a downtrend channel and trying to reach the resistance area between ~$1912-2230. I think ETH won't break that area because it's tough resistance, and many will take their profit because it's already pumped 100% from the bottom. Also, we have considered two critical dates in the upcoming weeks.
Merge (ETH 2.0): 19 Sep.
FOMC: 20-21 Sep.
These dates will be "sell the news" events, and Ethereum will try to go high as much as she can.
Key resistance area: ~$1912-2230
Please hit the boost button if you agree.
Thanks.
As you see on the chart, Ethereum is still in a downtrend channel and trying to reach the resistance area between ~$1912-2230. I think ETH won't break that area because it's tough resistance, and many will take their profit because it's already pumped 100% from the bottom. Also, we have considered two critical dates in the upcoming weeks.
Merge (ETH 2.0): 19 Sep.
FOMC: 20-21 Sep.
These dates will be "sell the news" events, and Ethereum will try to go high as much as she can.
Key resistance area: ~$1912-2230
Please hit the boost button if you agree.
Thanks.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.