Ethereum / TetherUS
Long
Aggiornato

ETH ready to go?

268
Salaam

It seems the correction going to end after a 50% retrace of the movement from 1730.

It's only one scenario, ETH could retrace some deeper.

Be aware of the opposite scenario too.

Breaking the descending trend line in the m5 chart would be a good trigger for a long.

good luck
Nota
Also, check high volume in the 1835 area.

istantanea
Nota
Going below 1830 will neglect the bullish scenario and the next support is 1800.
Nota
In case ETH returns to bullish, it will be about 2500 only in a few days.

*Just my opinion
Nota
To show that the bear move ended, ETH needs to make a new Higher High in m5.

So it needs to rise directly to 1890-1900 without any impressive correction.
Nota
istantanea

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