Eightcap

ETHUSD: Thoughts and Analysis

Long
EIGHTCAP:ETHUSD   Ethereum
Today's focus: ETHUSD

Pattern – Continuation
Support – 2878 & 3060
Resistance – 3150 & 3315

Hi, traders. Thanks for tuning in for today's update. Today, we are looking at ETHUSD on its daily chart.

Do we have a continuation confirmation? Firm buying continues to push that case as the price continues to track higher today. Do you agree with our top-down analysis?

Watch out for any new push lower that moves back to support. This could be a warning that buyers don't have the number just yet.

Good trading.

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