If ETH manages to break-out above $500, the upside targets are on the chart. This Red Resistance zone will become strong support on the retest. Until the resistance zone is taken out it is still a solid resistance, so better take longs above the zone after the breakout.
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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.