Ethereum (ETH): Sweet Buying Opportunity Soon

anteontem

Ethereum is approaching the sweet buying zones (two of the yellowish zones).

With recent bearish dominance on the markets, Ethereum did a good movement to lower zones, resulting in a reset for the price.

Now we wait for the first yellow zone to be reached, where we would start to look for a long position and possibly also DCA the position!!

Swallow Team

ontem

Nota

Ethereum has done so far a decent decline, breaking our bounce zone, where sellers have secured this zone as well with a re-test.

We are now expecting to see a possible break of structure to form near $3,100, which would lead price towards the support on lower zones!

há 11 horas

Nota

We are yet again back at our bounce zone with Ethereum, where we are going for a second re-test.

Now after the breakdown and the first re-test, we are seeing the second re-test, where we might see a breakout as buyers surge for another attempt here.

We are waiting for further confirmations of whether there is a breakout or a rejection to determine who will take over the dominance near that zone (which is also aligned with EMAs).