it is set to sweeping the trend line liquidity to the resistance level at 61447 right after which we will return to bear market continuation which if the current LL fail to hold 40k will be the next target
ETH has completed the retracement face and has grabbed liquidity below the previous low but the candle body failed to close below the low now heading to create a shift in market structure ones that happened that will be a confirmation of bullish continuation to all time high
Price was on the move to the up side and then retrace on it way up and found support at 0.618 level on the Fibonacci retracement with a valid demand zone on point . If this level is able to hold will bring a to a halt the pullback and revert to the upside