$ETH JUST MADE A BIG MOVE ........... NOW THE REAL TEST BEGINS.
ETH has bounced nearly 20% and is now sitting around $2,250, right under a major weekly resistance area.
The chart is getting interesting.
If ETH can reclaim $2,757, the bearish structure starts to weaken and a much bigger move could follow.
But another rejection could send price back toward the lower support zone.
$2,757 is the level I’m watching.
Break it, or get rejected?
ETH has bounced nearly 20% and is now sitting around $2,250, right under a major weekly resistance area.
The chart is getting interesting.
If ETH can reclaim $2,757, the bearish structure starts to weaken and a much bigger move could follow.
But another rejection could send price back toward the lower support zone.
$2,757 is the level I’m watching.
Break it, or get rejected?