Ethereum - Deep pullback?

ETHUSD Weekly Chart

 

ETHUSD Daily Chart

On Apr 03, 2024, I wrote ETHUSD correction could be longer and deeper with the next supports are at 3059 and 2717.5. See link below.

https://swingtrader188.blogspot.com/2024/04/ethereum-more-downside.html

It looks like ETHUSD is going through a deep pullback currently testing support at 2,868.9. Failure to hold this support could take ETHUSD to the next support at 2717.5.

Disclaimer: 

Trading and investment involves risk, including possible loss of principal and other losses. I shall not be responsible for any losses or loss profit resulting from trading or investment decision based on my posting and any information presented in this blog.