ETH/USD

Sep 6, 2020

Price action on the monthly TF has broken above the reversal level with a clean break. Held itself above that level for a whole month before seeing a sell-off back down to $302.66. As price marks its way back down to $302.66 I can see it consolidate around this level before making its way back to its ATH of $1,420.00 but before we reach that level I can see price halt at $870.00. The daily major reversal level was broken at $375.83 one can expect a pullback on the 2hr TF back up to $372.40-382.40 before reversing and making its way back down to $302.66.