"ETH - looking for a small scalp"

1 thg 12

Ethereum is currently navigating between critical levels, with a notable interaction around the highlighted POC and value area on the chart.

Analysis and Justification:

1. Initial Upside Target - $3689:
• The first orange arrow marks the $3689 level as the immediate target. This is a crucial zone near the point of control (POC) from the previous session, acting as a magnet for price.
• If bullish momentum continues, this area is likely to act as a resistance before any significant breakout or rejection.
2. Downside Move to $3670:
• After reaching $3689, the analysis suggests a potential fallback towards $3670.
• This level aligns with the lower value area and is a probable support zone where buyers may step in. A breach below this level could trigger further downside pressure.

You may long and short but follow the lines :D

1 thg 12

Giao dịch đang hoạt động

as it approaches our tpo, its likely to see if it approaches as stated here

1 thg 12

Ghi chú

as we can see onto this charts

2 thg 12

Đóng lệnh: đạt mục tiêu

ACHIEVED!