If ETH holds here, we will likely see a pump towards 2300 - 2500 area, this area is where ETH buyers are trapped after the failure of the 2300 - 2500 order block retest. The buyers would ideally wanna exit their positions after selling at that level.
ETH will give us a great opportunity for shorting. We will be looking at shorting ETH at 2400 - 2543 with our take profits at 2000 - 1870 area. Stop loss is a 4 hr candle close above 2800.
ETH will give us a great opportunity for shorting. We will be looking at shorting ETH at 2400 - 2543 with our take profits at 2000 - 1870 area. Stop loss is a 4 hr candle close above 2800.
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