Ethereum (ETH): Broke All Major Zones / Will Fall Hard or Push?
2024-11-07

While we waited for some further movement to upper zones, Ethereum has broken here from that zone of DCA, which might signal to a potential fakeout movement. 

We have broken all major zones without a single re-test, which means this is not a healthy push we had so far but more of an optimistic movement. 

Now here are 2 ways we can go:
1) We form a fakeout and go back below the zone of DCA (which again would result further movement towards the trend line).

2) We see a smaller re-test of DCA zone and then price will break higher high zones on smaller timeframes (which would push price higher to upper zones!)!!

Swallow Team 