TheSignalyst

ETH - The Bulls Are Pushing, However...❗️

OKX:ETHUSDT   Ethereum/Tether
Greetings, TradingView Family! This is Richard, also known as theSignalyst.

Just like BTC, ETH has been bullish the last couple of days and is currently back above the local support (1600.0).

πŸ“ˆFor the bulls to remain in control, it's crucial for ETH to surpass the last high in orange at 1663.0 . If this occurs, we can expect further upward momentum toward 1700.0 blue supply zone.

πŸ“‰ Meanwhile, ETH would be stuck inside the new range between 1600.0 and 1650.0

πŸ“š Always remember to follow your trading plan when it comes to entry, risk management, and trade management.

Good luck!

Remember, all strategies are good if managed properly!

~Rich

This analysis is done using RichTL
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