#Ethereum dipped into order block left from previous swing d

LIVE

Wise Analyze

--・2.8k views

#Ethereum dipped into order block left from previous swing down and so far seem to be finding support there, that is capable to push ETH price back to 3450-3510. But today is Powell's speech and so range of volatility is unpredictable. Basically $ETH can easily dip below last 12H candle towards the bottom of that consolidation channel. But unlike BTC this consolidation looks more bearish and it seems that in future it is targeting day FVG at 2830. Still we got to keep in mind all the bullish events that should happen in the nearest future. First BTC halving. Next, potential #ETH ETF approval in May.

#Ethereum  dipped into order block left from previous swing down and so far seem to be finding support there, that is capable to push ETH price back to 3450-3510. 
But today is Powell's speech and so range of volatility is unpredictable. Basically $ETH can easily dip below last 12H candle towards the bottom of that consolidation channel. But unlike BTC this consolidation looks more bearish and it seems that in future it is targeting day FVG at 2830. 
Still we got to keep in mind all the bullish events that should happen in the nearest future. First BTC halving. Next, potential #ETH  ETF approval in May.