The Ethereum price is bullish since yesterday. It broke the resistance level at 555 and getting close the major resistance level at 622. The price was rejected few times at that level and it is more likely will do again. After this bullish move, the buyers will take their profits, which will push the price down. Moreover, the more sellers will step in that gives the additional selling momentum.
There is a potential Gartley formation that provides the detailed guidance for entry and exit. Also, this increases the probability of this setup.
T1 – 38.2%
T2 – 61.8%
There is a potential Gartley formation that provides the detailed guidance for entry and exit. Also, this increases the probability of this setup.
T1 – 38.2%
T2 – 61.8%
