📢 NFX Market Update – 
ETHUSD
Similar to
BTCUSD, ETHUSD faced strong resistance at $4,785 - no surprise, given the historical weight of that zone. Price has since retreated to retest the previous breakout level, which is now likely to act as support if rejection holds.
This zone also aligns with a block order level, previously marked by multiple rejections before the eventual breakout. While I expect support to hold, there is a chance of a deeper test toward the 200-day SMA before continuation.
Overall, the chart structure remains bullish, and fundamentals are also strongly supportive. With key news and macroeconomic data scheduled mid-week, I remain bullish onETHUSD heading forward.
ETHUSD Similar to
BTCUSD, ETHUSD faced strong resistance at $4,785 - no surprise, given the historical weight of that zone. Price has since retreated to retest the previous breakout level, which is now likely to act as support if rejection holds.This zone also aligns with a block order level, previously marked by multiple rejections before the eventual breakout. While I expect support to hold, there is a chance of a deeper test toward the 200-day SMA before continuation.
Overall, the chart structure remains bullish, and fundamentals are also strongly supportive. With key news and macroeconomic data scheduled mid-week, I remain bullish on
ETHUSD heading forward.交易开始
The NFX Team ™️💚
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The NFX Team ™️💚
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。