
Daan Crypto Trades|Mar 15, 2025 16:57
ETH Followed the idea so far. Would want to see this break above its local highs to try and fill the inefficiency from this week's dump.
As you can see, that move from ~2100 was very quick and has built little support/resistance on the way down.
Generally, these candles get retraced pretty quickly once price starts grinding into them.
~2100 is also the major support/resistance level from prior so a key level to watch if price were to revisit it.
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