Ethereum Analysis (ETH/USD)

in trading •  5 years ago 

THURSDAY
25-JUL

Price is still consolidating this week and looks to be targeting LW high.
The lows below $215 are being rejected and price may be willing to take out some upside LQ before dropping lower.

On the Daily, price is targeting the equal highs from last week.
Y'day closed with a rejection candle after buyers stepped in and capped price.

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Not a good time for Ethereum