Ethereum (ETH): Another Rejection + End of Triangle Formation

13 ก.ย.

On a smaller timeframe, we had another rejection from that small resistance zone where price is being pressured into a corner here.

Now with that sharp trend we have (bullish), we are looking for a short setup to form here but before that, we need to see a break of the lower Bollinger Bands Line, which will also break the trend line.

If we do not see that and we see another test to resistance zone, then we will see most likely a move to 200 EMA.

Swallow Team