Last resistance zone for ETH before going uptrend again.
On the monthly timeframe we can see that the price is free of any obstacles and that it has got above a strong resistance zone (monthly kijun sen).
The chikou span is nearly above all its obstacles but I think it should get above its price (a blue japanese candlestick).
The current price might be a good entry point (75% chance according to me). But in order to have a more secure trade we should wait for the price to get above 4868 usdt to enter long.
The chikou span is nearly above all its obstacles but I think it should get above its price (a blue japanese candlestick).
The current price might be a good entry point (75% chance according to me). But in order to have a more secure trade we should wait for the price to get above 4868 usdt to enter long.