Ethereum (ETH): Bounced Strong & Re-Testing EMAs | Bullish

ETH bounced strongly from the oversold zone, and the recovery candle looks like a reaction to a liquidity grab rather than an actual dump. Price is now pushing back above EMAs, similar to the previous setups we saw in August (althought this time is is a little different)
The key now is a successful re-test of this reclaimed zone. As long as buyers hold structure and manage to break the zone of EMAs, the next step is continuation toward the $5,555 target.
Swallow Academy
The key now is a successful re-test of this reclaimed zone. As long as buyers hold structure and manage to break the zone of EMAs, the next step is continuation toward the $5,555 target.
Swallow Academy
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.