ETH sitting on $3500 support after reclaim
Price action is tight and indecisive.. lots of dojis and back-and-forth engulfing candles. Buyers and sellers clearly fighting it out.
We’re coiled in a symmetrical triangle, right on a key level that used to be strong support. It got broken but now reclaimed, im leaning bullish.
S&P and Nasdaq opened strong. If we break out of this triangle to the upside with volume, we could see a quick move toward $3650-3700.
Price action is tight and indecisive.. lots of dojis and back-and-forth engulfing candles. Buyers and sellers clearly fighting it out.
We’re coiled in a symmetrical triangle, right on a key level that used to be strong support. It got broken but now reclaimed, im leaning bullish.
S&P and Nasdaq opened strong. If we break out of this triangle to the upside with volume, we could see a quick move toward $3650-3700.
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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.