
Daan Crypto Trades|Apr 11, 2025 11:01
ETH Retested its March 2023 lows and bounced back above the October 2023 lows right before the big rally.
I marked the interesting horizontal levels on the chart. I think your best bet is to just trade these level by level.
The horizontals have been getting respected well but on each subsequent dump we've seen new lows and it then finding support again at the next horizontal.
The moment price starts retaking some of these horizontals is when we can get excited about a potential larger reversal.
For now it's just been bearish retests every time without a proper break back above.
In the short term, eyes on: 1370, 1520 & 1755 (roughly).
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