Yesterday, Ethereum gained significantly, but is still below the hourly resistance level 569.37. We’re still within our sellers territory and unless the price clearly violates this hourly level with a main candle, chances are that we’re still continuing short. Thus, our expectations is that the price should rally upwards, but should rebound from 569.37, where we’ll be looking for a potential sell order. But, should the price violate 569.37, then we’ll consider a long term long position with an ultimate target at 705.37.
Wait for a sell around 569.37 towards 500.20
101% Double the volume
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