If you look at this 6H chart, you’ll notice price didn’t really take a healthy pause on the way up.
It just went straight up.
In my opinion, a pullback toward the $2,100–$2,150 zone would actually be a good thing. That area lines up with multiple supports, EMAs, previous breakout, and trendline, so it’s strong.
This type of dip could reset the momentum and build a base for the next rally.
Stay tuned and follow for more updates!
#Ethereum #ETHUSD #ETHUSDT
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Register on WEEX and Blofin and trade with me: 👇
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Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
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Related publications
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.