$ETH still rejecting from the current resistance level 3,555.
$ETH made a CHoCH on the internal structure, but it has just reached the resistance we are following for the 4H trend. We're following price action around 3,555 resistance.
The first signal for a reversal will be taken by breaking here. Then, after a correction swing, the upper red box, which is the important Supply Zone in 4H, will be targeted and we will wait for a rise until there.
There is no need to FOMO and increase risk without breaking these resistances because it will remain as a correction of the decline in the main trend movement. Don't forget to follow these key levels.
The first signal for a reversal will be taken by breaking here. Then, after a correction swing, the upper red box, which is the important Supply Zone in 4H, will be targeted and we will wait for a rise until there.
There is no need to FOMO and increase risk without breaking these resistances because it will remain as a correction of the decline in the main trend movement. Don't forget to follow these key levels.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
3,377.81
-3.13%
Replies 0