Ethereum (ETH): Rejected by Resistance, Sellers Dominating Now!
2024-10-07

Ethereum has a good weekly rejection from smaller resistance zones, which showed us the dominance of sellers. 

If we manage to secure yet another candle in red and move possibly to a lower support zone (breaking also the trend), we might see a really good downward movement from there.

But if this week's candle will turn green and show us the dominance of buyers, we might actually continue this upward movement (where we will be looking for a bigger liquidity breakout then).

Swallow Team 