Today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD).
Ethereum price has been pumping recently and there is potential for it to keep moving higher, but ETH price and the RSI just made a lower low. If price keeps heading lower, it may come back down to where the recent pump started which is about a 30-35% correction, similar to my recent BTC price chart. The area of support is in the $1K region. RSI may be cooling down as well. Volume doesn't look strong.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
Ethereum price has been pumping recently and there is potential for it to keep moving higher, but ETH price and the RSI just made a lower low. If price keeps heading lower, it may come back down to where the recent pump started which is about a 30-35% correction, similar to my recent BTC price chart. The area of support is in the $1K region. RSI may be cooling down as well. Volume doesn't look strong.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。