ETH / USDT Spot Trading Pair

Updated

Ethereum breakout out imminent!

#ethereum Red box resistance levels to watch if we get a breakout of descending wedge. Top of wedge would be target (20% move).

Daily close below 3600 would signal bigger move to the downside ahead. 3200 strong volume support.

RSI testing top of channel and OBV coiling to a point ready for a breakout soon.

Note

Broke down and looking for 3200 to hold otherwise looking at 2800 as next support

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Phemex: Referral Code= EC7RK2

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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.