$ETH PA is has been pretty clean and RHs at $2740 are coming next IMO.
From a bit detailed TA, $ETH is ranging:
- RLs at $2318.
- Range Mid + 1D MSS level at $2500
- RHs at $2740.
We are ranging, and PA remains neutral as long as we are below RHs and above RLs
—Range-Mid is key to determine bullish/bearish structure within the range, as it coincides with the 1D MSS level.
Above Range-Mid, ETH and Altcoins remain bullish; we target and exit longs at RHs.
Below Range-Mid, ETH and Altcoins turn bearish, we exit/Short ETH and Altcoins and bid them again at RLs. Pretty simple tbh
#ETH #ETHUSDT
$ETH, Grinding up as expected.
We had a clean breakout above the range-mid two days ago and now the price is pulling back toward the breakout zone to retest the resistance as support and fill some LTF gaps.
- $2480 which is 4h BOS + FVG zone is THE level to hold and we should be trading higher over the weekend or next week.
#ETH #ETHUSDT
9.37K
48
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.