Ethereum is breaking down, which is no surprise given that it loves to follow Bitcoin.
As of now, the $1,600 area is new resistance based on recent closing prices and lows this week.
The monthly open is just above that at $1,605, so keep that in mind.
If ETH bulls can’t reclaim $1,605 in the next few days, we’ll likely see a retest of $1,500 support, and below that is the $1,420 confluence of support.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.