Ethereum - End of Correction?


ETHUSD Weekly Chart

ETHUSD Daily Chart

On Apr 15, 2024, I wrote ETHUSD was going through a deep pullback and testing its support at 2,868.9. See link below.

Looks like that the support was holding and ETHUSD correction may have ended when it broke out above its downtrend line with a long green candle on heavy volume.

Next resistance is at 4095 and 4868.

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.






Comments

Popular Posts