We have seen an expected move on ETH from the support at 370. It is more likely for ETH to head towards 435 first since the resistance at 406 has been cleared. A long from 406 with a stop loss below 400 and target of 435 and 465 could be a good trade.
If we break 400, bears will target 370 again and in that case, we can open a short from 400 with a stop loss above 406 and target of 370.
If we break 400, bears will target 370 again and in that case, we can open a short from 400 with a stop loss above 406 and target of 370.