Ethereum (ETH): Bulls Are Getting Exhausted!

2024年9月3日

Ethereum buyers have been suppressed by sellers, where we see that yesterday's green candle has seen a rejection and now is back in the hands of sellers.

We are looking here more at Bollinger Bands, where the gap has been normalised after it was exploded wide open (thanks to the dump).

If we manage to close current daily in red with big body, we should see that touch to support zone happen this week!

Swallow Team

2024年9月3日

註釋

For the last week, the price of Ethereum has held nicely the broken zone, which has now turned into a resistance zone.

We have seen multiple rejections so far and sellers are not giving back that zone to buyers, which gives a possibility of further movement to lower zones here.