đš $ETH IS BULLISH â BUT THE GOOD ENTRY HAS ALREADY PASSED.
The latest closed H1 candle finished at $2,714.21.
ETH broke above $2,693.55, confirming a bullish break of structure. The recent lows are also moving higher, which shows buyers are gaining control.
Price then pulled back to $2,692.22 and quickly recovered, closing at $2,706.50 with slightly stronger-than-average volume.
That was the retest. Price is now above my preferred entry, so Iâm not buying the green candle.
đą BULLISH BIAS â NO ENTRY YET
Entry: $2,693.55â$2,704, only if ETH returns and buyers defend the zone again
SL: $2,675
TP1: $2,738
TP2: $2,749.17
An H1 close below $2,675 would cancel the bullish idea.
The structure looks positive, but a bullish chart does not mean every price is a good entry. If no fresh retest appears, Iâll let the move go.
Will buyers defend the next pullback before ETH attacks the highs again? đ
$ETH #Wyckoff #SMC
Paper analysis only. Not financial advice.
The latest closed H1 candle finished at $2,714.21.
ETH broke above $2,693.55, confirming a bullish break of structure. The recent lows are also moving higher, which shows buyers are gaining control.
Price then pulled back to $2,692.22 and quickly recovered, closing at $2,706.50 with slightly stronger-than-average volume.
That was the retest. Price is now above my preferred entry, so Iâm not buying the green candle.
đą BULLISH BIAS â NO ENTRY YET
Entry: $2,693.55â$2,704, only if ETH returns and buyers defend the zone again
SL: $2,675
TP1: $2,738
TP2: $2,749.17
An H1 close below $2,675 would cancel the bullish idea.
The structure looks positive, but a bullish chart does not mean every price is a good entry. If no fresh retest appears, Iâll let the move go.
Will buyers defend the next pullback before ETH attacks the highs again? đ
$ETH #Wyckoff #SMC
Paper analysis only. Not financial advice.
