ETHUSD | Weekly Timeframe
Price has revisited a multi-year ascending support trendline that has remained intact since the 2022 lows.
As long as this structure holds, the broader uptrend remains technically valid.
A confirmed break below support would increase the probability of further downside and a larger market structure reset.
Watching for weekly close confirmation before assigning directional bias.
#ETH #Crypto
Price has revisited a multi-year ascending support trendline that has remained intact since the 2022 lows.
As long as this structure holds, the broader uptrend remains technically valid.
A confirmed break below support would increase the probability of further downside and a larger market structure reset.
Watching for weekly close confirmation before assigning directional bias.
#ETH #Crypto
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.