imBagsy

ETH USD Bullish structure

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ETH USD

Not looking bearish at all since we reached the lows back in Dec. If we manage to break and close above white box, I could imagine R1, maybe R2 getting tested depending on the strength of the move. Everything is dependent on $BTC here.

To play it safe, you could wait for a candle close above white box on the daily/12H/4H depending on how you wait for confirmation; I imagine the impulse move would be quick though.
Komentar:
Smashed resistance, turning it into support. I'm quite confident we'll see a run of the highs at R1 here. Let's see what we get.

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