ETH bounce or pivot point

8 ก.พ. 2022

Ethereum for now has put in a fake breakdown of major trend line support and pivoted to the upside.

Question is , is this just a bounce or do we see upside and a break of the trend line resistance (red line)

Need to see continuation through R1 3400 zone which implies a move up to 4000 zone.

I recently took profits from longs and looking to re enter if price can break this heavy resistance zone above.