ETH is brushing the support at $1,700 teasing us every day for like a week now. So long this holds, I remain bullish on ETH. If we fall however, then it's not pretty as we may correct/consolidate for a while...
I do not like the volume nor the way MACD looks (about to fall on the negative) however if price maintains above support we're ok.
Nevertheless, the more we sit here the more likely bears may attempt to pull us down. Hopefully BTC and the rest of the market lifts us up...
Be careful on ETH and we need to set a higher high in this local structure, ideally above $1,950... maybe a hard ask right now. Let's see what the weekend has in store for us.
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I do not like the volume nor the way MACD looks (about to fall on the negative) however if price maintains above support we're ok.
Nevertheless, the more we sit here the more likely bears may attempt to pull us down. Hopefully BTC and the rest of the market lifts us up...
Be careful on ETH and we need to set a higher high in this local structure, ideally above $1,950... maybe a hard ask right now. Let's see what the weekend has in store for us.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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