We've had some nice movements on ETH lately so let's have a look at where we are.
As previously discussed IF we reclaimed 2.5K we should expect the market to aggressively trade towards the HTF buyside (3.4K and 4K).
The buyside at 3.4K has been traded through already so no let's be PATIENT and see IF we get through 4K and higher.
As always WAIT FOR THE MARKET TO SHOW YOU ITS HAND.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
As previously discussed IF we reclaimed 2.5K we should expect the market to aggressively trade towards the HTF buyside (3.4K and 4K).
The buyside at 3.4K has been traded through already so no let's be PATIENT and see IF we get through 4K and higher.
As always WAIT FOR THE MARKET TO SHOW YOU ITS HAND.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Related publications
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.
Related publications
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.