ETHEREUM / TETHER Standard Futures
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Ethereum (ETH): Broke All Major Zones / Will Fall Hard or Push?

While we waited for some further movement to upper zones, Ethereum has broken here from that zone of DCA, which might signal to a potential fakeout movement.

We have broken all major zones without a single re-test, which means this is not a healthy push we had so far but more of an optimistic movement.

Now here are 2 ways we can go:
1) We form a fakeout and go back below the zone of DCA (which again would result further movement towards the trend line).

2) We see a smaller re-test of DCA zone and then price will break higher high zones on smaller timeframes (which would push price higher to upper zones!)!!

Swallow Team

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