Ethereum (ETH): Re-Testing Broken Zone + EMAs
2025-01-24
Category: None

Ethereum is re-testing a local zone that has aligned with EMAs. 

This is the zone we are keeping our attentions at, as we are expecting to see a successful re-test (which means rejection).

Upon seeing a rejection there, we will look for MSB on smaller timeframes and then a steep 8% downward movement to the target zone so let's wait. 

This scenario will be optimal as long as we stay below 200 EMA!

Swallow Team 