#CryptoCharts101
The daily chart of Ethereum shows a clear compression zone between 2390 and 2490, with previous peaks at 2788. If I bought ETH near 2390 and it is already starting to show a reaction. Is it preparing for a bullish breakout?
Neutral RSI, MACD with a positive crossover on the 4h and volume starting to activate. If it breaks 2500 strongly, we have a clear path to 2700 or more. If not, we could retrace to 2300.
Key: watch the behavior in that zone and do not trade with FOMO. Remember: price is king, but context is emperor.
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