$ETH Updates

Losing yesterday gains $ETH is now hovering around $2400.It was a clear rejection from $2600 from is first resistance continuing correction. Though correction continues trend is in positive.So let wait and see what happens and discuss what Will be that possible level that $ETH might rebound to continue its bullish trend.

Levels to watch are:

S1(immediate support):

2274.33

S2,(critical support):

2184.33.(Closing below this level could trigger a selling pressure of 3-4%)

Major support:

1789.12

$2600-$2750 now they became a strong resistance.

I'll update buying position later once the market settle.

Position: watch and see

Selling position: I don't think right to sell though market is falling ,it's a running correction so bounchback may be possible from any lvl .So it may be a set-up trap. I'll prefer buy on every dips with small small amount .

Investors be ready :

Accumulation zone $1700 to $2000(Buy in several captions at different levels with small small amount like 10% 20% of you capital)

Note- Don't try to Buy at break out you Will be trapped, try to buy at support with a strict stoploss and sit tide with patience.

stoploss :

1350 Hope this will help😊.