Ethereum(ETH): Fakout Near 200EMA

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ETHUSDT Perpetual Contract (BYBIT:ETHUSDT.P)

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BYBIT:ETHUSDT.P ETHUSDT Perpetual Contract

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Ethereum looks interesting after that breakout from the local resistance zone and EMA 200.

We are not looking for the current market price zone where we see last resistances to be broken and prices moving slowly to lower zones.

We have three potential market zones that can be addressed if we see more red candles today (Monday)!

Swallow Team

Commentaire:

Ethereum has made a really nice downward movement, reaching our second targeted zone.

Movement has resulted in 7% of market price movement, and now we are heading towards the third zone!

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