ETH Long - Retest the 50 EMA on 4H - Technical Target $4380

SUMMARY: Long, strong support at the $3700 level.

Looking very bullish and held on the 0.382 level , signal for bullish continuation.



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Comment:

Quick update , there was a massive liquidation cascade and brought the price down to 3k level, it has now bounced and is back above 3.3k.

Providing will don’t lose the 3k support, this was back tested too. We are good for bullish continuation.

The 3.3k support is looking robust and has been tested several times already.

Most of the leverage has been removed from the system.