ETHUSD bullish above $126.00 level
Ethereum is attempting to recover higher in early Wednesday trading, after finding strong weekly technical resistance from the $158.00 level. The ETHUSD pair still retains an intraday bullish bias while trading above the $126.00 level, which represents neckline support from an inverse head and shoulders pattern. If buyers can surpass the $142.00 level, a further test of the $158.00 level appears possible.
The ETHUSD pair is bullish while trading above the $126.00 level, key resistance is now found at the $142.00 and $158.00 levels.
If ETHUSD pair falls below the $126.00 level, sellers may test the $120.00 and $100.00 levels.
The ETHUSD pair is bullish while trading above the $126.00 level, key resistance is now found at the $142.00 and $158.00 levels.
If ETHUSD pair falls below the $126.00 level, sellers may test the $120.00 and $100.00 levels.
Related publications
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.