Update on this $ETH watch π
As I've said yesterday, we're now pulling back into the demand zone.
As of now, expectation is going deep into the zone and continuing the buys all the way up till 2,800.
From this point onwards, I'll be looking for buy opportunities on the lower timeframe and I'll definitely be carrying you guys along with me as I do.
π¨ NFA, DYOR.
$ETH - Breakout Watch π
ETH just broke through a key resistance/supply zone, now trading around $2,400 (+4.55%).
This break signals more buying pressure ahead.
My read: expect a retest, price pulling back into the zone that just flipped from supply to demand before continuing the push toward the next target zone at $2,800β$3,000.
Volume is unusually high right now, which could mean we skip a deep retest entirely and run straight up. That said, the above remains my base case for now.
NFA. Not financial advice, just sharing my read on the chart.
Happy trading π
Update on this $ETH watch π
As I've said yesterday, we're now pulling back into the demand zone.
As of now, expectation is going deep into the zone and continuing the buys all the way up till 2,800.
From this point onwards, I'll be looking for buy opportunities on the lower timeframe and I'll definitely be carrying you guys along with me as I do.
π¨ NFA, DYOR.