Looking for a potential bottom on ETH/USD. The question is: will ETH manage to maintain a higher low here, finding support on the bullish order block highlighted on the chart, or if we are looking at a retest of the order blocks below at roughly $50 and $16?
Recent price action wicked down to the lower current bullish order block highlighted on the chart, and then consolidated above the order block above that. Will be looking for ETH to retain the higher low structure price action has formed so far as indicated in yellow.
If ETH does manage to break up, will be looking at the order block around $200 as resistance.
Recent price action wicked down to the lower current bullish order block highlighted on the chart, and then consolidated above the order block above that. Will be looking for ETH to retain the higher low structure price action has formed so far as indicated in yellow.
If ETH does manage to break up, will be looking at the order block around $200 as resistance.