Ethereum Analysis (ETH/USD)
SUNDAY
14-JUL
Price collapsed after taking out LW high, breaking well below the $275 S/R level.
It is targeting LW low now and seems likely to take it out in the beginning of next week, if not today.
Any rallies towards the $275 S/R could provide scenarios for shorts
On the daily, price is reacting from LM swing low so far.
Any rallies above $260 may face resistance as sellers have been pushing price down from around these levels.
240$ right now... -9% in a day. Could be a good buy, Let’s see what will happen tomorrow