One hourly candle took $ETH from 2,228 to 2,060 last night. Now it's back at 2,148. What's next?
The 21:00 UTC candle on Nov 8 printed about $173M in volume, roughly 30x the hours around it. Since then ETH has been slowly grinding back: the morning dip held at 2,083 and the last hour closed at 2,148, up 0.85%.
Still, 24h is -4.2% for ETH vs -0.7% for BTC. Relative weakness hasn't gone away.
Your call, reply with a letter:
A) Reclaims 2,240 (the old range) this week
B) Retests the 2,060 wick first
C) Chops between 2,100 and 2,200 for days
A wick that big usually gets revisited or defended hard. Curious where the crowd lands.
Not financial advice.
#ETH #CryptoPoll #Ethereum
The 21:00 UTC candle on Nov 8 printed about $173M in volume, roughly 30x the hours around it. Since then ETH has been slowly grinding back: the morning dip held at 2,083 and the last hour closed at 2,148, up 0.85%.
Still, 24h is -4.2% for ETH vs -0.7% for BTC. Relative weakness hasn't gone away.
Your call, reply with a letter:
A) Reclaims 2,240 (the old range) this week
B) Retests the 2,060 wick first
C) Chops between 2,100 and 2,200 for days
A wick that big usually gets revisited or defended hard. Curious where the crowd lands.
Not financial advice.
#ETH #CryptoPoll #Ethereum
