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ETHUSD | HTF narrative..Bullish signs
ETHUSD | HTF narrative..Bullish signs
Ethereum CRYPTO:ETHUSD
Hello traders,
Its been a while since I said anything bullish about ETH, but I'm actually seeing a bullish framework developing.
Price is expanding to the upside, but it’s leaving inefficiencies behind (FVG).
From an execution standpoint, I’m not interested in chasing this strength. My optimal longs will be in discount area.
If the market has taught me 1 thing, its that liquidity must be swept more often than not. So that buy side liquidity shall be visited before price moves up again.
What’s interesting is the BTC–ETH relationship. While BTC is currently looking heavier/corrective, ETH is displaying relative strength and cleaner structure.
Bias: Bullish short-term | Execution area: Discount only | Target: HTF swing high | Overall: Still bearish
Good Luck!
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source https://www.tradingview.com/chart/ETHUSD/jGYcMVgn-ETHUSD-HTF-narrative-Bullish-signs/
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