Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (3160.51). . if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis: . ETHUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 65.
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.