$ETH has closed between 2,245 and 2,275 five days in a row. The range to watch is 2,237 to 2,318.
Last five daily closes: 2,245.54, 2,255.66, 2,275.31, 2,253.29, 2,274.77.
Levels:
- 2,360: Oct 28 close, the last close before the Oct 29 drop
- 2,309 to 2,318: Nov 2 and Nov 3 highs, rejected twice
- 2,237 to 2,241: Nov 2 and Nov 3 lows
- 2,174: Oct 30 low
Price was 2,263 at 08:40 (UTC+7), close to the middle.
My plan:
- A daily close above 2,318 puts 2,360 next
- A daily close under 2,237 opens the way back to 2,174
- Inside the range I stay small or flat. Two rejections at the top and two holds at the bottom say neither side is in control yet
NFA. First daily close outside 2,237 to 2,318: up or down?
Last five daily closes: 2,245.54, 2,255.66, 2,275.31, 2,253.29, 2,274.77.
Levels:
- 2,360: Oct 28 close, the last close before the Oct 29 drop
- 2,309 to 2,318: Nov 2 and Nov 3 highs, rejected twice
- 2,237 to 2,241: Nov 2 and Nov 3 lows
- 2,174: Oct 30 low
Price was 2,263 at 08:40 (UTC+7), close to the middle.
My plan:
- A daily close above 2,318 puts 2,360 next
- A daily close under 2,237 opens the way back to 2,174
- Inside the range I stay small or flat. Two rejections at the top and two holds at the bottom say neither side is in control yet
NFA. First daily close outside 2,237 to 2,318: up or down?
