ETH failed to hold within the resistance buffer dropping to H1 200EMA before recovering back above the D1 piercing point (dashed red).
Look to maintain support at this marker for the remainder of today in hopes of triggering another breakout at 2380 by EOY.
If we happen to close below expect a third red daily candle with assumed lows around 2230.
Note that this outcome may be critical in determining momentum at the start of the new year.
www.tradingview.com/chart/gDBkksfy/
Look to maintain support at this marker for the remainder of today in hopes of triggering another breakout at 2380 by EOY.
If we happen to close below expect a third red daily candle with assumed lows around 2230.
Note that this outcome may be critical in determining momentum at the start of the new year.
www.tradingview.com/chart/gDBkksfy/
