#Tradersleague Quick analysis: ETH breaks key resistance - Where does it go now? #TradersLeague $ETH $ETH
I have seen that ETH surpassed $3,800 with good volume, breaking a 2-week resistance. Here are my observations:
- The RDI indicator on the 4h chart shows bullish strength without being overbought yet
- The next strong resistance is at $4,050 (recent high)
- The key support is now at $3,720
My personal plan:
I am thinking of entering if it tests $3,800 again as new support, targeting $4,000 and stop loss at $3,650.
What do you all think? Do you believe it's a good time to enter or better to wait?
