Ethereum had a really nice bullish run recently but as with all trends, there comes a time where price needs to retrace to gather more momentum before continuing.
We can identify 2 main reversal zones for Ethereum.
First reversal area: $2900
- Ascending trendline
- Previous Structure
Second reversal area: $2400
- Previous structure
Will wait to see where price reacts and enter accordingly.
We can identify 2 main reversal zones for Ethereum.
First reversal area: $2900
- Ascending trendline
- Previous Structure
Second reversal area: $2400
- Previous structure
Will wait to see where price reacts and enter accordingly.