$ETH has been stuck in a 30 dollar box for almost three days now. 2223 to 2255, thats it.
Thing is the Nov 4 pop to 2450 got fully erased in one candle the next day, and since then volume just died. Last few 4h bars are the thinnest of the month.
For me 2206 is the line. That was the flush low, if it goes the Oct 30 wick around 2175 is the next real spot.
Upside I'm not interested until it gets a 4h close back over 2282 where the EMA50 is sitting. Above that 2318 is the next lid and the picture changes properly.
Tight ranges like this dont stay quiet forever.
Thing is the Nov 4 pop to 2450 got fully erased in one candle the next day, and since then volume just died. Last few 4h bars are the thinnest of the month.
For me 2206 is the line. That was the flush low, if it goes the Oct 30 wick around 2175 is the next real spot.
Upside I'm not interested until it gets a 4h close back over 2282 where the EMA50 is sitting. Above that 2318 is the next lid and the picture changes properly.
Tight ranges like this dont stay quiet forever.
