Ethereum (
ETH) has formed a double top pattern, which is a bearish signal. At the same time, the RSI has displayed a clear bearish divergence, and the MACD has confirmed a bearish crossover. This suggests a potential short-term correction, with price targets around $3,400. Key support levels to watch are $3,200 and $3,000.
ETH) has formed a double top pattern, which is a bearish signal. At the same time, the RSI has displayed a clear bearish divergence, and the MACD has confirmed a bearish crossover. This suggests a potential short-term correction, with price targets around $3,400. Key support levels to watch are $3,200 and $3,000.
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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.