ETHUSD W1: STUCK AT ATH. TWO OPTIONS. 2000USD OR 600USD

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ETHUSD W1: STUCK AT ATH. TWO OPTIONS. 2000USD OR 600USD
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as NEUTRAL because right now it's 50/50
since we are stuck at ATH.

🔸 Summary and potential trade setup
::: ETHUSD weekly chart review/outlook
::: still struggling at ATH
::: mixed outlook it's 50/50
::: can breakout soon and then logical
::: target for bulls will be 2 000 USD
::: which is 80% gains from current price
::: HOWEVER we can also breakdown from here
::: if BEARS close below interm resistance
::: below 1100 USD open up more downside
::: target BEARS is 600 USD
::: recommended strategy: wait for D1 close
::: of the candle either above 1400 USD
::: then you can BUY/HOLD TP 2000 USD
::: alternatively D1 candle close below 1100 USD
::: you can open SHORT TP 600 USD
::: setup for position traders
::: with higher risk do not use high leverage
::: good luck traders!
🔸 Supply/Demand Zones
::: 2000 USD FRESH SUPPLY ZONE
::: 600 USD FRESH DEMANS ZONE
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: STUCK AT ATH/BREAKOUT
::: Sentiment outlook short-term: RANGE/MIXED/