Ethereum is trading within a range. The upper boundary is 2200. Above 2200 lies a liquidity zone; manipulation could shift the imbalance to 2084–2045 and trigger a decline within the range.
Volume is picking up, supporting the bullish trend in the market. The local target is 2200, from which we expect a pullback to the midpoint of the range.
Scenario: if the retest of the key resistance zone at 2200–2233 ends in a false breakout, then I will wait for a pullback to 2110–2100.
Volume is picking up, supporting the bullish trend in the market. The local target is 2200, from which we expect a pullback to the midpoint of the range.
Scenario: if the retest of the key resistance zone at 2200–2233 ends in a false breakout, then I will wait for a pullback to 2110–2100.
❤️ Telegram channel: t.me/AndeWave
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.
❤️ Telegram channel: t.me/AndeWave
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.