Ethereum (ETH): Looking For Break of Structure (BOS)

25 thg 8

Moment of silence for what is about to happen to the ETH—as we are near ATH, the pressure is building up, both from buyers and sellers.

Nevertheless, this will be the zone of breakout and that's what we are looking for here—a proper breakout that would mark the start of a new ATH.

Here is not much to say; just wait for break and then we are entering the long!

Swallow Academy

7 ngày trước

Ghi chú

ETH is back near the 100 and 200 EMA area, where last time we had a decent bounce from this zone.

Although we had a good catch last time, the price fell back and did not give us the breakout we were expecting after reaching our target. So looking for another attempt to breach the ATH zone and potentially break it as well! -The MAJOR target here is over $5000 (aiming for the nice $5555 number).

6 ngày trước

Ghi chú

Another bounce from the 100EMA happened on ETH, where a sharp bounce resulted in the break of structure on smaller timeframes, opening for us an opportunity for a long position.

Price is up by 5% (approximately) and most likely we will see the retest of ATH; the target remains the same: $5,555.