$ETH looks bullish here.
Price has bounced off the aVWAP and has been consolidating since then.
This move left a P shaped volume profile, which is considered bullish in situations like this.
From here, a breakout to the upside is much more likely than a break to the downside.
If we get that breakout, $2.7k is possible.
Price has bounced off the aVWAP and has been consolidating since then.
This move left a P shaped volume profile, which is considered bullish in situations like this.
From here, a breakout to the upside is much more likely than a break to the downside.
If we get that breakout, $2.7k is possible.
