Ethereum $ETH Technical Analysis 25 May 2021

By Mandrakata | On The Edge | 25 May 2021


Technical Analysis

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https://www.tradingview.com/x/RjC27fh3/

Prices take a rest after the rebound from the lowests in the accumulation zone (1,7K - 2K).
Both intraday (4H) and daily chart set shorte moving average as resistance at actual price levels. Moreover we have a downtrend to break for more upgains.
We have the ranges and pivots charted so we need to see how prices will close to open new positions.
I'm waiting for prices to be in the accumulation zone to enter in the ETH and holding for the Long time-frame.

Please note: We are charting using logarithmic scale to widening our point of view.

 

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⚠️ Disclosure ⚠️ I wrote this article myself, and it expresses my own opinions.  Above ideas is for educational purpose only, it is not intended to be investment advice.
Some of reported links are affiliate links where I'll earn a small commission if you make a purchase at no additional cost to you.  I will never promote anything I don't truly believe in.


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Mandrakata
Mandrakata

Risk taker. Creativity solves everything. I practice what I post.


On The Edge
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