ETH - A Major High To Be Broken in 2024

Hello TradingView Family / Fellow Traders,

ETH has been hovering within a range for a couple of weeks, now fluctuating between 2120.0 and 2320.0.

📈 For the bulls to remain in control and take over from a medium-term perspective again, we need an H4 candle close above the range, at 2320.0

In this case, a movement to the 2,500 round number and upper red trendline would be expected.

📉 Meanwhile, ETH would be stuck inside a range, but the bulls will remain in control as long as the 2,100 level holds.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

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