ETHEREUM is in a critical area from where it could likely breakdown. But the confirmation comes if it breaks the demand zone as well. Breaking the consolidation zone in the upper side with good volumes could give upward rally as well but that doesn't seem to be a likely case currently.
Double bottom on pull back, entry after a bullish candle.
Entry - 2138
Stop Loss - 2080
Take Profit - 2195
Will keep you posted on the progress of the trade.
ETH is currently in a downtrend. Buy above horizontal Line as it will break the downtrend and then move up.
Enter on Proper trigger. SL at last swing low.
Rest as per the chart.
DD Advised.
Be careful as Crypto as been volatile - Scale in only when the above 2 marking have been breached i.e Candle close above the marked area on Hourly basis.
Scale in partially at point 1 around 3200 level and fully once close happens above 3600 levels.
Good luck.
![ETHUSDT: [CRYPTO] ETHUSDT: Buy Setup](https://s3.tradingview.com/q/qh48nWo8_mid.png "[CRYPTO] ETHUSDT: Buy Setup")
