Here are the ETH most important levels in my opinion.
At 1687 we have the weekly level which we bounced off 3 times, last time being a couple of days ago
We have the daily level at 2278, if you look at the 4H chart, you can see that this level acted as support then resistance multiple times.
Finally we have the monthly level at 2772 right below a daily level at around 2885, but I believe that the monthly level is more important in this case.
Those are very nice levels to trade around in my opinion, now ETH is probably going for the retest of the daily.
If we break above it you can look for long trades for a move back to the monthly, if we reject you can short.
Any questions?
Good luck traders
Remember not to break your rules
Habib
At 1687 we have the weekly level which we bounced off 3 times, last time being a couple of days ago
We have the daily level at 2278, if you look at the 4H chart, you can see that this level acted as support then resistance multiple times.
Finally we have the monthly level at 2772 right below a daily level at around 2885, but I believe that the monthly level is more important in this case.
Those are very nice levels to trade around in my opinion, now ETH is probably going for the retest of the daily.
If we break above it you can look for long trades for a move back to the monthly, if we reject you can short.
Any questions?
Good luck traders
Remember not to break your rules
Habib
