Ethereum had a nice selloff, breaking both EMAs and supportive zones.
By breaking those zones, we reached our target zone of bullish trend, where now price has had an impulsive push.
Now that we have that impulsive push and re-testing the broken zones, we want to see a successful rejection and a further movement to lower zones!!
If we fail to see a successful re-test, we will be seeing a test of upper resistance and possibly a break of it as well!!
Swallow Team
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