Analyzing the crypto markets is not easy. The prices are moving in a narrow range and seem to be about to fall asleep.
However, on closer inspection, the forecast for ETH is positive. The price was able to rise steadily in recent months, while sellers spent a lot of effort to push the coin to new lows - in vain.
Therefore, we expect ETH to rise soon.
The setup presented here offers a good RRR of 2.2:1.
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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.