
CrediBULL Crypto|Apr 14, 2025 19:25
Quick update on ETH.
Again focus is on getting our monthly close above the green line which is the key HTF level I talked about in my last Youtube update.
I do think that we will get it, but on lower timeframes this doesn't mean we can't still visit the "wick zone" (which I think would be very healthy if we do).
Upside and reclaim of our green line is capped by D3 supply, downside is capped by our "wick zone" which is monthly demand.
In a perfect scenario we would move down to clean up these incremental higher lows (potentially after testing D3 supply), wick into the wick zone, then get a nice pump and reclaim of our green level before the end of the month (monthly close).
Let's see how things develop.
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