Ethereum (ETH): Might Be Good Zone to Bounce From

172
ETC caught our attention with a local retest of the support zone, which, after a breakout, was a natural movement for the coin!

Now that we have been having that retest, we are looking closely for any signs of recovery, which would give us an opportunity to long from here.

While we see a smaller recovery happening, we need that proper MBS to take place above the support zone, so keep your eyes on it.

As long as we are above the EMAs, this is the game plan we are going to look for!

Swallow Academy

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.