Trader_GS

#ETH (Ethereum) is on important zone.

BINANCE:ETHUSDT   Ethereum / TetherUS
#ETH/USDT 2H

We are on the important zone.
#ETH made small breakout (Blue circle zone), but it's still under the major resistance.

We need to keep both directions in mind.
If #ETH breaks major resistance $1,250 ~ $1,280 clearly, we can see its short term rally until $1,400 ~ $1,500.

However, if it is rejected, we will see pretty deep correction or LL (Lower Low).

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.