The Ethereum is going up last few hours and reaching the structure high, which acts as a main resistance level. The selling orders are expected to be placed there. Also, it is the best area for previous buyers to lock their profits. Moreover, the price formed a Gartley pattern, that increases the probability of this setup to go short.
T1 – 38.2%
T2 – 61.8%
T1 – 38.2%
T2 – 61.8%
