7.2$ETH Market: As mentioned yesterday, after ETH rose to 1580-1585, the expected rebound to 1605 and 1627 positions were basically achieved.
Today on the hourly chart, the key focus is when it closes above 1650. Then the next levels up are 1680 and 1715, where resistance should be considered for a pullback.
Below, if it retests support at 1580 or 1570 again, consider going long with a small stop loss, with the stop loss at an hourly close below 1550. Just for reference.
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7.2$ETH Market: As mentioned yesterday, after ETH rose to 1580-1585, the expected rebound to 1605 and 1627 positions were basically achieved.
Today on the hourly chart, the key focus is when it closes above 1650. Then the next levels up are 1680 and 1715, where resistance should be considered for a pullback.
Below, if it retests support at 1580 or 1570 again, consider going long with a small stop loss, with the stop loss at an hourly close below 1550. Just for reference.