Hi traders,
I would like to share my opinion on ETH/USD. The price has reached the weekly zone, but in the lower timeframes, there are no signals indicating a move to lower prices. Therefore, I have two scenarios to consider.
The first scenario, which I believe is more powerful, is if the price surpasses the grey zone and closes above it on the daily timeframe. In this situation, the formation of (FVG) in the lower timeframes would strengthen the potential for higher prices.
The second scenario occurs if the price closes below the 3500$ zone. In this case, when the price completes its pullback to this level, it could present a good opportunity to sell.
Remember to closely monitor the price action and consider other technical indicators and market factors that may impact ETH/USD.
If you have any questions or need further clarification, please let me know.
I would like to share my opinion on ETH/USD. The price has reached the weekly zone, but in the lower timeframes, there are no signals indicating a move to lower prices. Therefore, I have two scenarios to consider.
The first scenario, which I believe is more powerful, is if the price surpasses the grey zone and closes above it on the daily timeframe. In this situation, the formation of (FVG) in the lower timeframes would strengthen the potential for higher prices.
The second scenario occurs if the price closes below the 3500$ zone. In this case, when the price completes its pullback to this level, it could present a good opportunity to sell.
Remember to closely monitor the price action and consider other technical indicators and market factors that may impact ETH/USD.
If you have any questions or need further clarification, please let me know.
