Ethereum (ETH): Broke All Major Zones / Will Fall Hard or Push?
While we waited for some further movement to upper zones, Ethereum has broken here from that zone of DCA, which might signal to a potential fakeout movement.
We have broken all major zones without a single re-test, which means this is not a healthy push we had so far but more of an optimistic movement.
Now here are 2 ways we can go:
1) We form a fakeout and go back below the zone of DCA (which again would result further movement towards the trend line).
2) We see a smaller re-test of DCA zone and then price will break higher high zones on smaller timeframes (which would push price higher to upper zones!)!!
Swallow Team
We have broken all major zones without a single re-test, which means this is not a healthy push we had so far but more of an optimistic movement.
Now here are 2 ways we can go:
1) We form a fakeout and go back below the zone of DCA (which again would result further movement towards the trend line).
2) We see a smaller re-test of DCA zone and then price will break higher high zones on smaller timeframes (which would push price higher to upper zones!)!!
Swallow Team
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Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
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