$ETH is knocking on the same door for the third day in a row. Since the Oct 30 flush to $2,174 it has been stuck under roughly $2,310 to $2,320 (highs of $2,318 on Nov 2, $2,309 on Nov 3 and $2,313 today). This morning it wicked down to $2,226 and bounced hard, and it sits near $2,305 on Binance spot right now.
My plan through Nov 10: a daily close above $2,320 is the trigger I'd watch, and if it holds, the Oct 28 high near $2,390 is the next stop. Another rejection plus a loss of $2,226 would put the $2,174 low back in play.
Slight bullish lean, because buyers defended the dip fast. I'm wrong if we get a daily close below $2,226 this week.
#ETH #Ethereum #PriceAnalysis #CryptoMarket NFA
My plan through Nov 10: a daily close above $2,320 is the trigger I'd watch, and if it holds, the Oct 28 high near $2,390 is the next stop. Another rejection plus a loss of $2,226 would put the $2,174 low back in play.
Slight bullish lean, because buyers defended the dip fast. I'm wrong if we get a daily close below $2,226 this week.
#ETH #Ethereum #PriceAnalysis #CryptoMarket NFA
