Ethereum (ETH): Good Probability of Rejection to Happen!

On a smaller timeframe, we are seeing that the price of Ethereum is approaching yet another important resistance zone where we are intending to see a rejection.

If you take a look at our sharp tren (blue dotted line), you will see it was broken, but if you extend the zone further, you will see we are still bounching on it, so the break was a fakeout.

Taking this into consideration, we are not looking for a sharp break of trend and a good rejection from upper zones to happen so eyes on that now!

Swallow Team