Hello All,
ETHUSD has retraced over 80% of the near 40% correction off ATH. There are indications of some possible retrace soon.
The Stoch RSI has had a full correction off lows and has started heading down in the last day. There is an evident price channel shown in green.
3 days ago, ETH got rejected on the top trend of this channel. Major Support to watch is $1715 area. If the 1880$ resistance range can become support , ETH will reach for new highs.
Please Comment and 👍
ETHUSD has retraced over 80% of the near 40% correction off ATH. There are indications of some possible retrace soon.
The Stoch RSI has had a full correction off lows and has started heading down in the last day. There is an evident price channel shown in green.
3 days ago, ETH got rejected on the top trend of this channel. Major Support to watch is $1715 area. If the 1880$ resistance range can become support , ETH will reach for new highs.
Please Comment and 👍
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