Ethereum is at a critical level where price can breakout either way.
BUY
We are watching the descending trendline for a break upwards to break the $2000 level. We can get in on the retest of that level. The first targets would be the $2900 level where we've seen price react previously.
SELL
If we break the bottom of $1700, we can go ahead with our Short set up. We will be watching for a clear break of the $1700 level and then a retest of that level to enter sells. First targets would be the $1100 level where there is previous structure.
BUY
We are watching the descending trendline for a break upwards to break the $2000 level. We can get in on the retest of that level. The first targets would be the $2900 level where we've seen price react previously.
SELL
If we break the bottom of $1700, we can go ahead with our Short set up. We will be watching for a clear break of the $1700 level and then a retest of that level to enter sells. First targets would be the $1100 level where there is previous structure.
