Ethereum (ETH): Rejection From Resistance!

2024年10月31日

Since yesterday we had a nice touch to the upper resistance zone, where after that sellers showed dominance and price got rejected.

We are now looking for a few candles to show us further sellers dominance, giving us final confirmations of a good downward movement.

RSI has started a nice downtrend and Bollinger Bands has stabilised as well, ready to fall.

Swallow Team

2024年11月1日

註釋

Ethereum coin has a nice 7% market price movement where price moved just as we needed.

Now that we have approached the trend line, we are looking for a quick fill of the CME gap and, from there, a possible further movement to fill that lower CME gap as well (if sellers manage to secure the trend zone).

2024年11月5日

註釋

Price has fallen nicely here and still keeps on falling further towards our second CME gap. As we recently broke the bullish trend (while going for the first CME gap), we are now seeing some kind of re-test attempts.

We are looking for further movement from here to lower zones, so eyes on the second CME!