Ethereum (ETH): Formed MSB | Now Time For Push From Here

l’altro ieri

ETH looks good for a pump—at least a push to 3,300–3,400 (where the EMAs are sitting).

This is our first target after a recent successful MSB we had on the lower zones.

Swallow Academy

l’altro ieri

Nota

200 EMA is the zone we are looking for to be broken, which would result in a trend switch and a continuation of upside movement.

We had a successful MSB and retest, which is major confirmation for the reversal that we had on lower zones; now we need that break of 200 EMA. Looks bullish

ieri

Nota

ETH has a good breakout where buyers secured the 200 EMA break and are still keeping that pressure, which is a good sign.

Setup looks clean and we are in now. We need the buyers to keep the dominance above that EMA and at one point we expect a very sharp upside movement.