ETH - Crucial Test
2024-12-20
Category: None

Right now ETH is testing an extremely important level, so I wanted to make this post in real time to inform you. Please review our last ETH post where I pointed out if we were to have a breakdown to watch this white trendline. 


Of course the breakdown did occur and price has fallen exactly to our white trendline. This is happening in real time so this is only the first test of the trendline but very important to watch if buyers continue to step in here.

From the first test we are seeing early signs of buyers stepping in (look at the increased volume on LTF). This is a good sign and will continue to monitor as we get more confirmations.  