A bullish scenario for Eth
2024-10-19

Since we are still in the bullish ranges in the daily and 4-hour time frames and the price is fluctuating within an ascending triangle, witness the formation of an ascending range in 15 minutes and the formation of liquidity in the form of equal low above the unmitigated level of the one-hour POI. We are in this situation that as indicated in the chart, the price created a smart money trap with the formation of a QM-type inducement, which created a reason to take this liquidity and continue the upward movement, which due to the closure of the markets today and tomorrow, we expect to maintain this Support and upward movement of the price.