Ethereum (ETH): Another Re-Test of Important Support Zone

l’altro ieri

ETH had another successful touch to support the zone near $2,700, which is marked as one of the important support zones at the current moment.

Buyers quickly reached and took back the dominance (by forming a market structure break on smaller timeframes).

Momentum looks good, but just for safety, I would keep SL even lower—at $2,500

Swallow Academy

l’altro ieri

Nota

ETH reached the first target, and now upon seeing a successful breakout from here, another upside movement can be expected.

The game plan remains simple: follow the trend. We had a good reversal MSB on lower zones and now we should just ride the break of structure zones (which we are currently waiting for as well).

10 ore fa

Nota

ETH has a strong break of structure where price reached one of our targets and also secured an important zone (which was a first step towards the further movement to upper zones).

Looks very good, not going to lie.