$ETH | Don’t Get Faked Out

ETHUSD_2022-11-21_12-15-12_e5090

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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