Ethereum (ETH): Waiting For Reaction Near Bounce Zone

٣ يناير

Ethereum buyers are trying to break the branch of EMAs where our next point of interest is going to be our bounce zone.

Now ideally we should see a rejection anywhere from now up until that yellow zone, but if buyers dominance increases, we will see a breakout there and a movement towards the $3,800 zone.

So now all we can do is just wait and see how price will react to current zones, with clean breakout or strong rejection...

Swallow Team