📉 Expecting bullish price action on ETHEREUM as price rejected an important area of ,,support,, if you will that's the bullish orderblock area on the H4 3160. Price also taked out the sell side liquidity aka buy stop losses below the old low. The reason i am not bearish right now on ETH is that price has A LOT OF bearish imbalances on the H1/H4 timeframe and i don't think we will go lower without filling those price ineffiecieny. First targest for the LONG order would be somewhere around buy side liquidity old high liquidity pool 3300$ price area.
FEAR/GREED Index on the CRYPTO market says we are in FEAR now, meaning there is a good buying opportunity.
What do you think ? Comment below...
FEAR/GREED Index on the CRYPTO market says we are in FEAR now, meaning there is a good buying opportunity.
What do you think ? Comment below...