Ethereum is also in a range, similar to Bitcoin, but a harder to identify and define range.
Nevertheless, we can see that ETH has driven down into a Demand Zone, and after filling Bids price is now attempting to break above local resistance, with what appears to be success.
Waddah Attar Explosion and Mynx technical indicators confirm the breakout attempt, so I am long targeting the Bearish Order Block above us that formed in that tight consolidation range below our Supply Zone.
Nevertheless, we can see that ETH has driven down into a Demand Zone, and after filling Bids price is now attempting to break above local resistance, with what appears to be success.
Waddah Attar Explosion and Mynx technical indicators confirm the breakout attempt, so I am long targeting the Bearish Order Block above us that formed in that tight consolidation range below our Supply Zone.
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