#ETH
ETH is currently consolidating at the 2,317 level.
The primary Draw on Liquidity is the Sell Side Liquidity (SSL) resting at $2,252 and below this we have H4 FVG ($2246 - $2235). A clinical sweep of these lows is required to fuel the next expansion.
High-probability demand rests between 2,235 – 2,252. We expect price to mitigate this discount array before any sustained reversal.
Once liquidity is purged, the path of least resistance points toward the 2,550 resistance level.
So Avoid the LTF chop. Wait for the sweep of (2,252 -2235) to position for the expansion. 🦅
@cryptosignals
Post #6892
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