Ethereum (ETH): Buyers Securing The Supportive Trend! (200EMA)

לפני 12 שעות

Ethereum has a long week where price has been staying above the 200EMA, showing us good pressure from buyers recently.

We are looking here for some upward movement where, all the way, we have lot's of zones to break so eyes wide open!!

Point of interest for us is also that 200EMA, which for now is holding good but upon seeing it broken, we will see a break of trend and a steep downward movement!!

Swallow Team

לפני 12 שעות

הערה

After a big volume push on yesterday's daily candle, we see that price had a turnover near the BoS zone (where again we failed to form the break of structure).

We are looking here for a for a daily candle to secure in red, which would show the dominance of sellers and a possible move to the lower support zone, but we also keep an eye on that upper resistance zone and a possible formation of BoS (if we see it, we will see a good upward movement)!

לפני 12 שעות

הערה

Ethereum is re-testing the broken middle zone, where last time it resulted in a further movement towards the resistance zone.

Although it is a little early to say we are looking for price to break that smaller trend here (or at least a touch).

For a perfect entry, we will be waiting for price to move to upper zones and then we will start to look for some kind of weakness so let's see!