Ethereum is back at upward movement and buyers are trying to secure our entry zone for a possible long setup here.
We are keeping a close eye on this dotted line but the current push seems a little big off so do not rush into making decisions!
Swallow Team
Note
Ethereum has a nice small break of a sharp trend that turned around after some fall and now is heading towards the 200EMA.
We are looking here for possible movement in fakeouts (below 200EMA) and then a possible rejection, which would drop the price back down so eyes on that EMA now!
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.