This is the Ethereum CME chart. As you can see, there is a gap around the 3236 level. Given the bearish trend in Bitcoin dominance, there is a possibility that this gap will be filled before a drop. If the gap is filled before the drop, Ethereum could move back toward lower levels.
Let's see what happens.
It's the weekend, and volumes are low. The market has been ranging for a while, pumping and dumping without a clear trend. Don't trade without stop-loss and risk management, and avoid emotional trading
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.