$ETH | Don't Get Faked Out

$ETH | Don't Get Faked Out

With $ETH currently, we are looking for a drop base drop motion with the Supply/Demand zones noted off of the daily. There shows more pain to come with the popular altcoin with potential "soft landing" between 1K - $990 area. Updated thoughts 💭 with levels on $ETH: • drop base drop type motion based on long candles down • below 200 ema • lower lows lower highs continuation • a "Smart Money" fake bounce to $1300 area from Demand Zone ($1115 - $1075 area) could be opportunity for a quick BUY scalp before the potential downtrend reversal.
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