#IMPORTANT:
ETH very very IMPORTANT Update
Eth is Facing Resistance at 2700 level which is turning out to be Critical.
Weekly Trendline of 2 years Also Broken as i told you in previous analysis.
Now posssible two scenarios are as follow:
1. Eth Break above the 2700 and 2750 area then Closing Above the Weekly trendline is Good for Upward momentum.
2. ETH closes today Candle below 2600 area and then we will see ETH at 2400 to 2200 area.
Short Setup
**short from 2740 with stoploss 2780 closure above 4hr TF with TARGET 2400 to 2200
Long Setup
2760 with stoploss closure below 2738 on 4hour TIME FRAME Targeting the 3000 to 3500.
