Ethereum Analysis (ETH/USD)

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SUNDAY
23-JUN

Price took out Y high and started consolidating.
It seems unlikely that a deep retracement is going to happen but price may seek some sell LQ before the move continues.
If so, the sell LQ below Y low is the most likely target for shorts.
If price takes it out, then the weekly high around $287 should provide support for the rally to resume.

On LTF, there is a buy zone right around the weekly high that could provide support.
If price continues up from the current levels, then the current consolidation could turn into a buy zone in the near future.

Ethereum Analysis (ETH/USD) | Ecency