I am looking for ETH to be printing a swing low on the daily timeframe currently, meaning that at least a moderate bounce is incoming. This is largely based on several macro support levels including a retracement to the golden pocket from the most recent expansion swing high.
If the low is to print here, I would be looking for a few key take profit levels. Both of which are the smaller timeframes highs on the chart and indicated by the green horizontal lines.
I am looking for ETH to be printing a swing low on the daily timeframe currently, meaning that at least a moderate bounce is incoming. This is largely based on several macro support levels including a retracement to the golden pocket from the most recent expansion swing high.
If the low is to print here, I would be looking for a few key take profit levels. Both of which are the smaller timeframes highs on the chart and indicated by the green horizontal lines.