Ethereum (ETH): Back at 200EMA | Buyers Trying To Gain Control

A strong selloff happened recently, which led the price to the 200EMA line, where, similar to last time we touched that area, we are seeing some kind of bullish overtake happening.

Now, as markets are very unpredictable currently, we are looking for a full buyside takeover to happen near the current zone, which would then mean that our game plan will remain the same: movement to $3000.

Now, if sellers continue to show dominance, we might be seeing a very nasty drop from here so keep your eyes wide open at the 200EMA line.

Swallow Academy