ETH had another successful touch to support the zone near $2,700, which is marked as one of the important support zones at the current moment.
Buyers quickly reached and took back the dominance (by forming a market structure break on smaller timeframes).
Momentum looks good, but just for safety, I would keep SL even lower—at $2,500
Swallow Academy
Buyers quickly reached and took back the dominance (by forming a market structure break on smaller timeframes).
Momentum looks good, but just for safety, I would keep SL even lower—at $2,500
Swallow Academy
Note
ETH reached the first target, and now upon seeing a successful breakout from here, another upside movement can be expected.
The game plan remains simple: follow the trend. We had a good reversal MSB on lower zones and now we should just ride the break of structure zones (which we are currently waiting for as well).
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🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
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.