ETH is walking straight into a liquidity wall…
After that clean bounce from support, price is now pushing toward $2150– $2190k, where a huge cluster of liquidity is sitting.
This is the kind of zone where markets usually hunt stops first, decide direction later.
Wouldn’t be surprising to see a quick push into that area…
Then the real reaction starts.
Right now, this still looks like a relief move after heavy selling, not a confirmed breakout.
Do you think ETH sweeps the liquidity first or rejects early? 👀
After that clean bounce from support, price is now pushing toward $2150– $2190k, where a huge cluster of liquidity is sitting.
This is the kind of zone where markets usually hunt stops first, decide direction later.
Wouldn’t be surprising to see a quick push into that area…
Then the real reaction starts.
Right now, this still looks like a relief move after heavy selling, not a confirmed breakout.
Do you think ETH sweeps the liquidity first or rejects early? 👀
Note
Ethereum has been moving sideways for a while and is holding the short-term support at $2,050. However, there’s no change in the plan, we are still expecting a move toward the upper liquidation level.
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Register on weex and trade with me: 👇
weex.com/en/register?vipCode=cryptomojo
Get CRYPTOMOJO premium for free 👉 ple8x3.s.gy/CRYPTOMOJO
weex.com/en/register?vipCode=cryptomojo
Get CRYPTOMOJO premium for free 👉 ple8x3.s.gy/CRYPTOMOJO
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.