The Gann of Truth - ETHUSD
Using an old 2017 gann for my upper resistance levels.
Money seems to be rotating back into ETH and ETH defi because devs were able to reduce network fees to a tolerable level. We got a slick 30% pamp on ETH the last week or so and finally found some resistance.
Clear rejection at 2548. If this bitch bounces at 2310 & breaks thru 2548, we ridin straight to 3400. If not, next support level is 2134. I'd be looking to buy there.
Money seems to be rotating back into ETH and ETH defi because devs were able to reduce network fees to a tolerable level. We got a slick 30% pamp on ETH the last week or so and finally found some resistance.
Clear rejection at 2548. If this bitch bounces at 2310 & breaks thru 2548, we ridin straight to 3400. If not, next support level is 2134. I'd be looking to buy there.
Trade active
ETH tagged 2307. My bid got filled at 2310. Let's see if this sucker punches through 2517 + gann resistance. ETH target: 3400
Note
ETH is still in the reload zone. It's all up to BTC right now and it is looking droopy tbh.If we go lower, next support level is around 1935-1955. Hodl
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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.