ETH 1 Day Outlook
ETH on a macro scale looks pretty neutral to me. Had a nice run up from the 300's. Then a pull back from 800 in tangent with BTCs dump. Had a nice bounce off the 490 level. Would need to break above 540 for me to short term become bullish. My key reversal zone is from 605 to 618 mainly due to the order block and how price reacted with the level and how it reacted when it was broken. If we were to break above their I would assume a macro bullish trend at least in the medium term. No plans for a trade right now. We shall see how it pans out.
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