Not again, but again -
#ETH🔥🔥🔥🔥🔥🔥 📌The price is trading inside the descending channel and under the strong volume level POC(3145$), which has already been repeatedly tried to break through.
At the moment we have shown a successful reaction to the upper boundary of the
#buyers 's zone of interest, and I am sure that this time we will be able to consolidate above $3,145, which will open the way to higher targets.
📝After breaking the upper boundary of the descending channel, the priority scenario is to reach the mark of $3362, followed by a breakdown of the resistance zone and a test of the mitigating level of $3658
🔜I plan to enter the trade from аcurrent ($3053-$3000) levels.
🛑 Stop loss will be at the level of ($2840)
✅First take ($3362)
✅Second takeout ($3658)
When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 17.5% of net movement.
#eth #CryptoWatchMay2024 #BTC