$ETH quietly doing its thing today, up about 4% and sitting near 2480.
Bounce from that 2318 wick yesterday held better than I expected honestly. Price is back above the 4H EMA20 and this morning it tagged 2494.
But now its right under the big one. 2500 to 2515 was the floor on Oct 13 and 14, it broke, and the EMA50 sits right there too. Old floor turns ceiling a lot of times.
For me a 4H close above 2515 is when I take this bounce serious, then 2580 is next. If it loses 2445 again I think we go see 2410 and maybe 2320 one more time.
Who's still holding ETH here?
Evening check done, NFA as always 😅
#ETH #Ethereum #CryptoMarket
Bounce from that 2318 wick yesterday held better than I expected honestly. Price is back above the 4H EMA20 and this morning it tagged 2494.
But now its right under the big one. 2500 to 2515 was the floor on Oct 13 and 14, it broke, and the EMA50 sits right there too. Old floor turns ceiling a lot of times.
For me a 4H close above 2515 is when I take this bounce serious, then 2580 is next. If it loses 2445 again I think we go see 2410 and maybe 2320 one more time.
Who's still holding ETH here?
Evening check done, NFA as always 😅
#ETH #Ethereum #CryptoMarket