ETH Overbought
Updated
Like most coins, Ethereum is currently overbought which signals that a correction is coming.
Although in a very bullish trend, I expect ETH to drop to 3150$ in order to reach MA20.
I expect that soon after ETH will go above 4000$ to 5000$. The summer season has always been kind to the crypto market.
Trade carefully!
Although in a very bullish trend, I expect ETH to drop to 3150$ in order to reach MA20.
I expect that soon after ETH will go above 4000$ to 5000$. The summer season has always been kind to the crypto market.
Trade carefully!
Trade closed: stop reached
Trade closed: target reached
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