After the recent falls, the 55%-54% range is the key support. When this level is reached, there is a chance that the price will start to rise again to hit those who took the risk and invested all their funds during the last two falls. This is where we plan to increase our positions with the remaining free liquidity. Should the dominance steadily strengthen below...
At the moment we see a pattern forming on the 4H chart of $INDEX:ETHUSD. If the price consolidates below $2 873, the potential targets for the price movement will be $2 787 and $2 724. If the price consolidates above $3 037, the potential price targets will be $3 395 and $3 589.