A steady downside movement has been happening on
$ETH after the last touch to the $3,400 resistance area, where currently the price is sitting slightly above the smaller support area, where buyers are still holding the dominance over this zone.
The plan is very simple; as we have seen some struggle already from the sellers, we are expecting the weekend market to pass in sideways movement, after which we will be looking for some kind of breakout or proper dominance from buyers, which should turn into a volatile breakout.
This is the ideal situation, but it will only happen if we see the breakout. If not, we can look for a short.
#ETHPriceAnalysis