Can ETH break out above the Howard trendline?
Ethereum has been contained within a downward trendline since the May correction.
Ethereum has previously been in the 2850 range and that will come quickly if the break above the downward trendline holds as support. The on-chain metrics seem to support a rising floor and this appears to be the point where we begin working on the upward channel.
Looking back, Ethereum rarely stays put, so a move up or down will come in sharp increments until we have a parabolic return to prior highs.
Not financial advice.
Ethereum has previously been in the 2850 range and that will come quickly if the break above the downward trendline holds as support. The on-chain metrics seem to support a rising floor and this appears to be the point where we begin working on the upward channel.
Looking back, Ethereum rarely stays put, so a move up or down will come in sharp increments until we have a parabolic return to prior highs.
Not financial advice.
免責聲明
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。
免責聲明
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。