EriicOne

$ETH after a strong impulse — now the most interesting part is starting.

Ethereum shot up sharply, and then transitioned into consolidation. After such a move, I wouldn’t rush to enter a long just out of fear of missing the upside.

Right now I’m watching two things:

- whether buyers can hold the current levels;
- whether new volume appears to continue the impulse.

If volume comes back and price keeps consolidating above — the move could get a continuation.

If buyers start to weaken — after such a sharp rally, a normal correction is quite possible.

For now, I’m just observing and I don’t want to enter just for the sake of entering.

What do you think: $ETH will continue to rise, or will we see a pullback first?

#eth #Ethereum #Trading