$ETH pumping +20% in a single day 😱
Bull trap or real breakout? 👇🏻
Daily structure just flipped bullish on Ichimoku. Looks like FOMO retail rally kicking in, but I'm expecting a pullback to confirm or invalidate this move.
Bulls could push toward $2450 next. Monthly resistance sits at $2480 - $2500 - that zone needs to break, otherwise this bullish move isn't trustable yet.
Break above that, and the bull trend could confirm a bigger leg toward $3150 - $3200.
Demand zone to watch on the downside: $2100 - $2050.
I'm personally short on ETH right now, entered around $2260 near the current HH, targeting a pullback 📉
What's your take? 👀
Drop a comment if you're watching this one too. #ETH #Altcoin
Bull trap or real breakout? 👇🏻
Daily structure just flipped bullish on Ichimoku. Looks like FOMO retail rally kicking in, but I'm expecting a pullback to confirm or invalidate this move.
Bulls could push toward $2450 next. Monthly resistance sits at $2480 - $2500 - that zone needs to break, otherwise this bullish move isn't trustable yet.
Break above that, and the bull trend could confirm a bigger leg toward $3150 - $3200.
Demand zone to watch on the downside: $2100 - $2050.
I'm personally short on ETH right now, entered around $2260 near the current HH, targeting a pullback 📉
What's your take? 👀
Drop a comment if you're watching this one too. #ETH #Altcoin