ETH looks like it's in an ABC correction.
Price is currently pushing up much like the rest of the market however if BTC comes back down, I will look for ETH to come down potentially take liquidity under that wick, where the order block is and confluence with midpoint of the ascending channel.
I will look for a reaction here. Worse case further down at key fibs or where there is significant support.
Macro outlook is still bullish especially after completion of this corrective phase.
Price is currently pushing up much like the rest of the market however if BTC comes back down, I will look for ETH to come down potentially take liquidity under that wick, where the order block is and confluence with midpoint of the ascending channel.
I will look for a reaction here. Worse case further down at key fibs or where there is significant support.
Macro outlook is still bullish especially after completion of this corrective phase.