Scient
Scient
ETH-1.17%
USDT+0.16%
$ETH price action has been pretty clean and resistance highs at $2740 are coming next in my opinion. From a bit detailed technical analysis, $ETH is ranging: - Resistance lows at $2318. - Range Mid + 1D market structure support level at $2500 - Resistance highs at $2740. We are ranging, and price action remains neutral as long as we are below resistance highs and above resistance lows. —Range Mid is key to determine bullish/bearish structure within the range, as it coincides with the 1D market structure support level. Above Range Mid, ETH and altcoins remain bullish; we target and exit longs at resistance highs. Below Range Mid, ETH and altcoins turn bearish, we exit/short ETH and altcoins and bid them again at resistance lows. Pretty simple to be honest. #ETH #ETHUSDT
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Scient
Scient
$ETH, Grinding up as expected. We had a clean breakout above the range-mid two days ago and now the price is pulling back toward the breakout zone to retest the resistance as support and fill some LTF gaps. - $2480 which is 4h BOS + FVG zone is THE level to hold and we should be trading higher over the weekend or next week. #ETH #ETHUSDT
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