tgreg

(28.03) - ETH - bear trap or back to bull market?

Largo
INDEX:ETHUSD   Ethereum
#Bullish signals
  • 1D downtrend line since NOV-21 broken
  • high volume box from 21-JAN went up 3rd time
  • local 4H uptrend since 14-MAR
  • price closed and retested EMA100 on 1D
  • correction range in 1D downtrend since NOV-21 broken
  • price broke EMA200 on 1D (on screen written "didn't" - it's mistake)

#Bearish signals
  • I don't see for now.

Important part now will be to retest from top correction range (orange) in 1D downtrend since NOV-21 broken --> retest the $3300 price and keep uptrend.

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