$ETH /USD: Breaker Retest Holding, What's Next?
$ETH surged from $1,612 to $1,733 in less than a day, then pulled back to retest the previous resistance, which is now acting as support.
The 15m chart still shows a bullish structure with higher highs and higher lows. As long as $1,721 holds, another push toward $1,733 and potentially $1,746 remains on the table.
A break below $1,713 would weaken this setup, making the breaker retest invalid.
Rather than chasing after the bounce, waiting for quality entries usually offers a better risk-to-reward.
Do you expect $ETH to reclaim $1,733 first, or is a deeper pullback more likely?
#ict #SmartMoney #ETHUSD #BinanceSquare
$ETH surged from $1,612 to $1,733 in less than a day, then pulled back to retest the previous resistance, which is now acting as support.
The 15m chart still shows a bullish structure with higher highs and higher lows. As long as $1,721 holds, another push toward $1,733 and potentially $1,746 remains on the table.
A break below $1,713 would weaken this setup, making the breaker retest invalid.
Rather than chasing after the bounce, waiting for quality entries usually offers a better risk-to-reward.
Do you expect $ETH to reclaim $1,733 first, or is a deeper pullback more likely?
#ict #SmartMoney #ETHUSD #BinanceSquare