Two scenarios to consider for the days to come. Even if I remain bearish in the medium term on ETH, with targets marked in red, I keep in mind that it is not impossible that the market will look for liquidity towards the $3250 zone.
Indeed, the global sentiment seems to be bearish, a rebound in this area would allow some shorts to be liquidated before making the final move.
I take the risk of being long for the moment and will correct my position if necessary.
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In lower tame frame, we can notice imblance's areas left by the price action.
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I will close my position if this area is broken
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in lower time frame, for the moment the price action is efficient, no gap left by the movement
Trade closed: stop reached
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I'v been ejected from the market, my analsys don't work, will observe price action now