Eth At Resistance, predict downside to 1100, then upside to 1700

9 juil. 2022

Eth hit resistance and a bearish order block at around 1280. I originally anticipated we could break this to 1400, however resistance is pretty strong here. I exited my long at 1250. I anticipate a move downward to the top of our previous bullish order block, at around 1100 - 1060. Then a long that could hit 1400 and potentially the top of this channel, 1700 our next bearish order block.