🚀ETH Technical Analysis (Key Levels)🚀
$ETH after the launch of its ETH it is at an intermediate point where we should expect what it will do and where it will go, in this case according to what the price action is doing, it is closer to a "Support" than a "Resistance ", so, depending on how it acts at that price level between $2909.09 and $2794.21, it would be a good level to "Buy".
On the other hand, if the price decides to turn around without reaching "Support" and it heads up, short-termists or scalpers should take profits at that level, unless we see strength and break those price levels of $3930.25 and $3847.28.
💥Summary:💥
We must wait to see what the price does, so, if you are an operator and you are in, wait, if not and you are waiting to buy for example, you must wait for the levels, since you "Buy" in "Support" and " Sell" in "Resistance".
Now if, on the contrary, what you want is to accumulate, the recommendation is the same for the "Buyers", patience in this business pays so, we must wait for the right moment, in addition, this graph is DAILY, so The analysis focuses on the long term, since the strongest levels are shown.
💻Soon I will be doing an analysis for the "Scalpers", more we will see the fundamental aspects that define the feelings of investors, which is what moves the market.