Spotted this range zone ETH. A downward movement towards the nearest support is more likely to be the outcome here.
I'm paying close attention to price in this zone 1.24715 - 1.24533!
Price and candlestick reaction will determine the direction of price for ETHUSD. Analysis on ETH/USD 4H Demand Zone (Long Position): - Wait for the price to enter the 4H demand zone (around $3,242-$3,260). Look for bullish confirmation (e.g., bullish engulfing, hammer candlestick, or a reversal pattern) in the lower timeframes (15m or 30m) within this zone. -...