Ethereum (ETH): Rejection From Resistance / Possible Touch EMAs
2024-10-22

In a 4-hour timeframe, we had a nice touch to upper zones about what we talked about last week as well. 

Now that we had a nice rejection price, we are going to go for the EMAs and test them, where ideally we should see a breakdown!!

If we see a break of EMAs, we will be looking for further downward movement for sure!

Swallow Team