$ETH Strong close at the April highs and the highest weekly close in ~7 months.
Now sitting right at the Weekly 200MA & EMA which will be important to watch.
Bitcoin did break above those already, as they were a lot lower relatively.
Good area to watch here for ETH. You wouldn't want to see a strong rejection below ~$2.3K for more than a wick. Then this would turn into a liquidity sweep & rejection and it could drop back to the bull market support band at that point.
Think any quick leverage flushes/wicks down could be good opportunities also to bid strong alts this or next week. Will see what we get as always.
Now sitting right at the Weekly 200MA & EMA which will be important to watch.
Bitcoin did break above those already, as they were a lot lower relatively.
Good area to watch here for ETH. You wouldn't want to see a strong rejection below ~$2.3K for more than a wick. Then this would turn into a liquidity sweep & rejection and it could drop back to the bull market support band at that point.
Think any quick leverage flushes/wicks down could be good opportunities also to bid strong alts this or next week. Will see what we get as always.
