Ethereum took out a large liquidity pool at 2 360.00 and has since been struggling to trade lower. Daily Order Block at 2 495.00 is also acting as a strong support. We have a bullish break in structure on the H4 which is the confirmation we were waiting for. More updates to follow.
Trade active
Trades were closed at breakeven, a bearish railroad has formed and the break in structure was a fake out.
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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.