$ETH - Technical Analysis

Weekly

Last candle filled most of an old candle's wick and traded to 0.5 of weekly FVG then closed above the FVG as indecisive candle.

Looking for consolidation or reversal in PA.

Let's see how P reacts to last candle's wick.

If P trades to 0.5 of the old candle's wick again, I will likely to look for P to trade lower.

Daily

Last candle swept an old H then closed below it as indecisive candle.

Looking for consolidation or reversal in PA.

H1

If P sweeps recent buyside, I will likely to look for short.

If P trades to H1 FVG, I will likely to look for long based on how P reacts to the FVG

Or base on intraday PA to look for setup.

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ETHUSDT

Prep

2,947.3

-1.10%