$ETH is up about 2% today, trading near $2,076 after tagging a Nov 10 low of $2,006 on Binance. ETH/BTC ticked up too, but 7-day ETH ETF flows are still red, so I'm treating this as a bounce until it proves otherwise.
My map through Sunday, Nov 15:
- A daily close above $2,136 (the Nov 10 high) opens a retest of $2,206 where the Nov 5 drop stalled
- A daily close under $2,006 likely means $2,000 breaks and another leg lower
- In between it's chop, and I lean bearish while ETH sits under $2,136 for now
I'm wrong if ETH closes a day above $2,206 on Binance.
Fear & Greed is 29, so a squeeze is possible, but I'd rather see the reclaim than guess it.
#ETH #Ethereum #CryptoMarket #PricePrediction
Not financial advice.
My map through Sunday, Nov 15:
- A daily close above $2,136 (the Nov 10 high) opens a retest of $2,206 where the Nov 5 drop stalled
- A daily close under $2,006 likely means $2,000 breaks and another leg lower
- In between it's chop, and I lean bearish while ETH sits under $2,136 for now
I'm wrong if ETH closes a day above $2,206 on Binance.
Fear & Greed is 29, so a squeeze is possible, but I'd rather see the reclaim than guess it.
#ETH #Ethereum #CryptoMarket #PricePrediction
Not financial advice.
