Ethereum is stuck in a range.
It just tapped into a monthly bearish fvg above.
There is still some fvgs below with also equal lows liquidity resting below current price.
Price could go down and sweep the lows, tap into the bullish fvg below those liquidity, before the real rally.
However, this may not play out if price goes up again and displaces through the monthly bearish fvg above.
I'm waiting for it to either displace through the bearish fvg above to go long.
Or i will wait for it to sweep the liquidity resting below before going long.
These are the 2 key levels
It just tapped into a monthly bearish fvg above.
There is still some fvgs below with also equal lows liquidity resting below current price.
Price could go down and sweep the lows, tap into the bullish fvg below those liquidity, before the real rally.
However, this may not play out if price goes up again and displaces through the monthly bearish fvg above.
I'm waiting for it to either displace through the bearish fvg above to go long.
Or i will wait for it to sweep the liquidity resting below before going long.
These are the 2 key levels
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.