Looking at the 1D chart on $ETH , I don’t like this area for longs.
ETH already made a big move from around $1,500 to $2,700, and now every time it gets near $2,750–$2,800, the pump becomes weak.
And this is the major resistance area now .
If $ETH keeps failing below $2,800 and loses $2,650, then I think $2,500 will come first. After that it can dump more towards $2,250–$2,300.
ETH already made a big move from around $1,500 to $2,700, and now every time it gets near $2,750–$2,800, the pump becomes weak.
And this is the major resistance area now .
If $ETH keeps failing below $2,800 and loses $2,650, then I think $2,500 will come first. After that it can dump more towards $2,250–$2,300.
