Eth usd 02 May 2022

With the daily close of 1 May, with 90% confidence, we can assume that
ETH TOP is going to be around 2950-3000
ETH BOTTOM is going to be around 2700



Since the opening of the candle we can see that slowly the market moved in the long direction,
approaching the 2850-2900 area

Our moving average rating, gaves us a LONG entry on 15 min at the beginning of the daily candle.(2800) and on 30min, at 2830

From Volume point, we can see that the POC is around 2850 area, so if you dont want to enter now, you can until 2850- 2875 is being broken and start the scalp position

From the fundamental POV, news that can affect /ETH
ISM Manufacturing PMI (Apr) , where the current forecast is bullish.

I believe currently we can scalp a long position, before we test the 40k area which we can use it as a take profit point and enter a potential scalp short entry .