#eth scalp zone 1 hr TF with sup. & resis

Apr 2, 2022

#ETH moved as said, price corrected in short-term as triangle pattern below below. Price took a bounce from the major support level of $3248 and now trying to break through the strong resistance zone. 4H TF candles are closed above but from strong bullish sentiment, we need to see a daily candle closing above.

Apr 3, 2022

Note

#ETH unable to give any daily closing candle above the major resistance zone rather still hovering over it in LTF. In hourly TF, price made a new resistance around $3511 - $3525. Structure, still intact bullish, so breakout will occur anytime in next weekdays. Break and close of $3406 on 4H TF, will lead in short-term correction.