$ETH
ETH OBSERVATION AREA AT THIS MOMENT...THERE ARE SIGNS OF BUYING POWER
1H Frame--Creating higher lows, RSI has a move above the lower middle band. Buying power has gradually participated...It's safe to wait for confirmation on the 2H or 4H frame.
Scenario B: The good show begins, SHORT orders will be liquidated, and the liquidation amount will be very large (see the right frame). A long and strong candle wick extending from the adjustment zone of the current scenario A at the price of 3K2, pushing prices and pulling the candle wick above the 4K mark will occur. The monthly candle will close green. And the Altcoin wave will start again like in recent days, and stronger, creating FOMO until 12/24/2024 there will be another adjustment phase.
Large liquidation area of SHORT orders at the upper edge from 3k5 and 4K begins
Further projections will be updated!
Last updated: Tue, Nov 26, 2024
@Bitcoinboy-8686
(Personal analysis and sharing information, not financial advice)