Ethereum(ETH): Re-Testing Broken Zone

Ethereum is showing some strong re-testing after the breakdown of local support. Our attention is now at the current re-test and also at the upper resistance zone near $3665, which should be touched only if we see a breakout from the current re-test.

Swallow Team

הערה:

Ethereum has had a really nice movement, rejecting that upper resistance zone while re-testing it there.

If all plays well, we should see a movement to 200EMA and even a potential breakdown (due to such a high demand for downward movement).

הערה:

While Ethereum is still looking weak and making small profits, we are monitoring that 100EMA as we see a good chance of a breakdown happening near that!

If we see that, we will move towards 200EMA, as mentioned previously!