ETH looks much clearer now. It has been performing very strongly for the past few days, consistently pushing upwards. Currently, it has started to consolidate, as funds for buying are not always available!
A pullback would lead to a healthier rise, and most people have made good profits from ETH during this uptrend. It is now pulling back, and the best ideal position to buy is in the range of 2400-2430, as this area is currently a strong support level!
Moreover, it is also the position of the double bottom on the daily chart. If funds continue to rebound strongly upwards after this drop, then ETH at 2.8k or 3.2k will be seen very soon!
