Ethereum on the 2-hour timeframe 📊 is in a critical zone ⚠️
On one hand, it’s currently at a resistance level (the top) 📉
On the other hand, it’s sitting on the EMA 50 and also the Ichimoku Kumo cloud ☁️📈
This means it’s in a relatively strong support area from a technical perspective 👍
But as long as it doesn’t break the current resistance, I won’t consider taking a trade on it 🚫💰
On one hand, it’s currently at a resistance level (the top) 📉
On the other hand, it’s sitting on the EMA 50 and also the Ichimoku Kumo cloud ☁️📈
This means it’s in a relatively strong support area from a technical perspective 👍
But as long as it doesn’t break the current resistance, I won’t consider taking a trade on it 🚫💰
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