Ethereum 28 April 2022

ETH USD 28April 2022

TOP Side = 2950 - 3000 according to Implied Volatility and ATR
BOT Side = 2700 - 2750 according to Implied Volatility and ATR

Expected movement at 28April 00h between 4.5 - 5.5% movement during the day


In terms of fundamentals that can affect ETH
At 14:30 european time(in 4h) we have the release of :
US GDP
US Jobless claims
Both of the them are expected to lower than previous values -> Bearish Movements

So final decision:
Once ETH is going to get closer to 3000 we can go into a short trade with SL above 3050/3100 and aim for 2900-2800