I think $ETH is one of the easiest swing trades at the moment.
This consolidation is relentlessly pressing weekly resistance and upside targets are clear: 3.1k and 4.1k
There are some tasty levels just below us that I'd love to see swept but they don't have to be swept.
Looking at:
- Equal lows @ 2462
- Daily FVG starting at 2323
Very low chance we see 2-2.2k but I'd still consider positioning as a Range Low re-test. I'd give it 5-10% though.
With the above, imo this is where it makes sense to build a position, then take what the market gives on the downside but primarily look for that 4k region in time.