ETH 1H – Holding the Line or Breaking It?
Just like BTC, ETH on the 1H is currently testing the 50MA, the short-term line between strength and weakness.
The question now: will it hold as support, or will price break below and look for shelter near the 200MA?
Right under the 50MA sits yesterday’s close, adding an extra layer of support for the short-term structure.
Today’s close could be decisive for next week’s momentum. 👀
Key notes:
ETH testing the 50MA on 1H
200MA below as next support
Yesterday’s close acting as buffer
Close today could shape next week’s direction
Bias:
Neutral-bullish — momentum intact as long as the 50MA holds.
Always take profits and manage risk.
Interaction is welcome.
Just like BTC, ETH on the 1H is currently testing the 50MA, the short-term line between strength and weakness.
The question now: will it hold as support, or will price break below and look for shelter near the 200MA?
Right under the 50MA sits yesterday’s close, adding an extra layer of support for the short-term structure.
Today’s close could be decisive for next week’s momentum. 👀
Key notes:
ETH testing the 50MA on 1H
200MA below as next support
Yesterday’s close acting as buffer
Close today could shape next week’s direction
Bias:
Neutral-bullish — momentum intact as long as the 50MA holds.
Always take profits and manage risk.
Interaction is welcome.
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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.
Penerbitan berkaitan
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.