#ETH's demand zone
DAILY
- 2 daily rejections
- a possible daily close with a Doji candle (Neutral) but must of the times a reversal
- Heavy daily resistance zone from 270$ till 290$
- If we draw a fib from the previous low to the high, the 0.5 level is into the demand zone
=> ETH will go back to the demand zone (225$- 217$) before a move up can happen.
- 2 daily rejections
- a possible daily close with a Doji candle (Neutral) but must of the times a reversal
- Heavy daily resistance zone from 270$ till 290$
- If we draw a fib from the previous low to the high, the 0.5 level is into the demand zone
=> ETH will go back to the demand zone (225$- 217$) before a move up can happen.
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