$ETH - Support/Resistance Zones and Updates
If $ETH does cannot close above the prior daily high, then it would be printing a lower high which would suggest some downside.
We see strong lower time frame support at $3,250. Price action is looking bullish as long as 4H candles are closing above this support zone.
If the bulls can close a daily above resistance at $3,615, then I would be looking for a move to the $4,000 resistance zone.
Currently looking like we could see some sideways and down action before another leg up.
We see strong lower time frame support at $3,250. Price action is looking bullish as long as 4H candles are closing above this support zone.
If the bulls can close a daily above resistance at $3,615, then I would be looking for a move to the $4,000 resistance zone.
Currently looking like we could see some sideways and down action before another leg up.
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$ETH short-term looks like it is going to pull back to support around $3,400.00.
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Three drives bearish divergence on the 4H chart. Likely pullback to support before long.
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$ETH got the LTF pullback we were on the lookout for before shooting up to resistance at $3,015.
If $ETH closes a daily below $3,015, then I suspect we'll see a little sideways and down price action.
If $ETH closes a daily below $3,015, then I suspect we'll see a little sideways and down price action.