Ethereum (ETH): Another Re-Test of Important Support Zone

Hôm kia

ETH had another successful touch to support the zone near $2,700, which is marked as one of the important support zones at the current moment.

Buyers quickly reached and took back the dominance (by forming a market structure break on smaller timeframes).

Momentum looks good, but just for safety, I would keep SL even lower—at $2,500

Swallow Academy

Hôm kia

Ghi chú

ETH reached the first target, and now upon seeing a successful breakout from here, another upside movement can be expected.

The game plan remains simple: follow the trend. We had a good reversal MSB on lower zones and now we should just ride the break of structure zones (which we are currently waiting for as well).

7 giờ trước

Ghi chú

ETH has a strong break of structure where price reached one of our targets and also secured an important zone (which was a first step towards the further movement to upper zones).

Looks very good, not going to lie.