📉 Ethereum chart review 📈

$ETH moves around Monthly 20sma. In general that chart looks prone for breakout and re-test of 2024 close (3336) at some point. But there is also a chance for a dip to ~2850. What happens first, hard to predict, but these two levels mark out potential targets for TP and entries, that worth waiting for, while ignoring the rest of PA.

🎯 Key Levels

Above: 3240 / 3336 / 3530

Below: 2990 / 2850 / 2785

ETH
ETHUSDT
3,114.87
-0.77%

Less trustworthy target for the dips is at November close at 2990 - it might give enough volume to start swing up, but that bounce can easily be stopped at Monthly 20sma (3071) and pushed lower. So that one is for lower timeframe scalping.

⏰ TG #Ethereum alarms set for: D/W/M-20sma, 3917, 3658, 3336, 2850, 2620.