ETH sitting on $3500 support after reclaim
Price action is tight and indecisive.. lots of dojis and back-and-forth engulfing candles. Buyers and sellers clearly fighting it out.
We’re coiled in a symmetrical triangle, right on a key level that used to be strong support. It got broken but now reclaimed, im leaning bullish.
S&P and Nasdaq opened strong. If we break out of this triangle to the upside with volume, we could see a quick move toward $3650-3700.
Price action is tight and indecisive.. lots of dojis and back-and-forth engulfing candles. Buyers and sellers clearly fighting it out.
We’re coiled in a symmetrical triangle, right on a key level that used to be strong support. It got broken but now reclaimed, im leaning bullish.
S&P and Nasdaq opened strong. If we break out of this triangle to the upside with volume, we could see a quick move toward $3650-3700.
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