Ethereum (ETH): Either We Bounce To $3,400 or We Dumping Hard
A steady downside movement has been happening after the last touch to the $3,400 resistance area, where currently the price is sitting slightly above the smaller support area, where buyers are still holding the dominance over this zone.
The plan is very simple; as we have seen some struggle already from the sellers, we are expecting the weekend market to pass in sideways movement, after which we will be looking for some kind of breakout or proper dominance from buyers, which should turn into a volatile breakout.
This is the ideal situation, but it will only happen if we see the breakout. If not, we can look for a short.
Swallow Academy
The plan is very simple; as we have seen some struggle already from the sellers, we are expecting the weekend market to pass in sideways movement, after which we will be looking for some kind of breakout or proper dominance from buyers, which should turn into a volatile breakout.
This is the ideal situation, but it will only happen if we see the breakout. If not, we can look for a short.
Swallow Academy
🚨 Some setups may not look logical if you’re new to our page. Years on charts build the habit of sensing psychological market direction. So far working :)
⚡️ Short-Term + Mid-Term Trades
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Telegram: t.me/+fiEDSn7M9pJkODA0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 Some setups may not look logical if you’re new to our page. Years on charts build the habit of sensing psychological market direction. So far working :)
⚡️ Short-Term + Mid-Term Trades
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Telegram: t.me/+fiEDSn7M9pJkODA0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.