ETH on the Demand Zone!
Since the last chart on 04 Oct, ETH went up to 1662 on 07 Oct
Resistance Zone: 1657-1673
Short-term bearish since and a retest at the Demand Zone on 10th Oct
Demand Zone 1531-1568
Demand Zone since 18 Aug 2023
Demand Zone tested again on 11 Sept and 10 Oct
As long as this Zone holds, we may have another dash for the Bulls to the Resistance Zone
A possible retest at the Demand zone
Future Observation
* A large volume on 10th Oct
* RSI >50 = Bullish bias
* Price close above Ma200
Resistance Zone: 1657-1673
Short-term bearish since and a retest at the Demand Zone on 10th Oct
Demand Zone 1531-1568
Demand Zone since 18 Aug 2023
Demand Zone tested again on 11 Sept and 10 Oct
As long as this Zone holds, we may have another dash for the Bulls to the Resistance Zone
A possible retest at the Demand zone
Future Observation
* A large volume on 10th Oct
* RSI >50 = Bullish bias
* Price close above Ma200
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