#ETH
ETH is at 2,668.51 on the 4h, pulling back from the 2,700 highs and landing right on the ascending trendline from mid August, which has held on every test since.
Bull case: hold the trendline and reclaim 2,700, opening a path toward fresh highs.
Bear case: lose the trendline near 2,600, exposing a slide toward 2,440.
#Trading #Binance #ETH #CryptoAnalysis
ETH is at 2,668.51 on the 4h, pulling back from the 2,700 highs and landing right on the ascending trendline from mid August, which has held on every test since.
Bull case: hold the trendline and reclaim 2,700, opening a path toward fresh highs.
Bear case: lose the trendline near 2,600, exposing a slide toward 2,440.
#Trading #Binance #ETH #CryptoAnalysis