Golden Cross on 3H $ETH Chart đ
Golden Cross signals bullish momentum, especially on higher timeframes. To confirm, we await candles to close above MA 50 & 200.
CHoCH - a change in character (bear/bull). As seen, Ethereum is indicating a shift to bearish character.
What's next?
If $ETH takes a bullish turn, I'll monitor resistance around the $3480 level.
If it continues its bearish shift in character, the shaded and highlighted areas below are potential zones where I await a bullish reversal.
Good luck, traders!
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