Ethereum Move, Are we late to the Party?!!!
Rejection on the first attempt as expected!
Weekly Timeframe
Four (4) Hours TF
Since the rejection, looking on the lower TF it shows the support on the 1.2K - 1.3K region, if this fails the next strong area of support is the 900-1K. On this regions we can expect good bounce to the upside and a possible breakthrough of the January 2018 ATH. An easy target of 1.5-1.6K in the short term is expected.
For now, let the market reveal more data to validate this analysis.
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Related Topics: November 2020 BTC Trade
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