BULLISH

ETH BULLISH · 12h

ENTRY2,382~2,410TARGET2,506STOP2,344
ETH chart

In 3 lines

  • Ethereum rallied from $2,355 up to $2,547, then ran out of steam and is now resting around $2,453 while it digests that move.
  • The $2,382-$2,410 area is where the last advance began, where lows held support more than once, and where such pullbacks tend to stall - that overlap is why it was chosen for buying.
  • $2,355 is a floor that produced a bounce from almost exactly the same price twice recently; if it breaks on a closing basis the idea is wrong, so the stop sits at $2,344.

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Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.

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