ETH/USD enter a recovery mode, after it tumbled and hit support at 1685. Now, the recovery brought the crypto back above the 2000 mark, but it remains well below the downside resistance line drawn from the high of April 3rd, and thus, even if we see some further advances, we will consider the short-term outlook to still be negative. The recovery may continue for a while more, with the crypto perhaps overcoming the 2195 barrier, marked by the inside swing low of May 10th. That said, the bears could still take charge from near the 2455 resistance zone, marked by the peaks of May 10th and 11th, and a potential dive ... (full story)