ETHUSDT,🔴Possible scenarios🔴(Details on caption)
As you can see the price is in the important supply zone formed as a bearish breaker block. If this supply zone can hold the price, we can expect a bearish movement, so the primary condition for a bearish scenario is that the price respects the bearish order block and rejection from this zone. For this scenario, we can define the targets as follows: 2470, 2100, 2044.
On the other hand, if the price breaks the bearish breaker block, we can define this breaker as support and expect higher targets as follows:
3200, 3580, 3920
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🗓️17/02/2024
🔎 DYOR
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