Chopping right at 2,424, $ETH just printed a 4H inverted hammer. 🔨
Weekly is a range (support 2,142 on 5 tests, resistance 2,843 on 6 tests). Daily prints lower highs/lows with support at 2,390 (9 tests) and resistance at 2,599 (7 tests); key swing is 2,580. 4H ranges between 2,375 support (7 tests) and 2,479 resistance (7 tests).
If the daily closes above 2,651, structure strengthens. Lose 2,356 and 2,210 is in play.
Waiting for confirmation or fading the range? NFA
#ETH #PriceAction #CryptoAnalysis
Weekly is a range (support 2,142 on 5 tests, resistance 2,843 on 6 tests). Daily prints lower highs/lows with support at 2,390 (9 tests) and resistance at 2,599 (7 tests); key swing is 2,580. 4H ranges between 2,375 support (7 tests) and 2,479 resistance (7 tests).
If the daily closes above 2,651, structure strengthens. Lose 2,356 and 2,210 is in play.
Waiting for confirmation or fading the range? NFA
#ETH #PriceAction #CryptoAnalysis