$ETH - LONG momentum in focus (x30)
Late night chart check, and $ETH is sitting just above its long-term average on the 30-minute.
Price is 1.4% over the 200 EMA and the 34 and 89 EMAs sit stacked beneath it, so the trend is still young. That means the setup matters more than the move itself. The last finished 30-minute candle ran on only 37% of normal volume, and the stop sits 0.9% from entry at 2294.6.
Does this thin volume look like a quiet base to you, or just a pause?
Setup:
Entry: 2294.6–2297.22
TP1: 2318
TP2: 2336
TP3: 2356
SL: 2273.99
⚠️ Personal market insight, not investment advice. DYOR.
Late night chart check, and $ETH is sitting just above its long-term average on the 30-minute.
Price is 1.4% over the 200 EMA and the 34 and 89 EMAs sit stacked beneath it, so the trend is still young. That means the setup matters more than the move itself. The last finished 30-minute candle ran on only 37% of normal volume, and the stop sits 0.9% from entry at 2294.6.
Does this thin volume look like a quiet base to you, or just a pause?
Setup:
Entry: 2294.6–2297.22
TP1: 2318
TP2: 2336
TP3: 2356
SL: 2273.99
⚠️ Personal market insight, not investment advice. DYOR.
