Dentoshi
19K posts







Main resistance discussed on yesterday's @krakenfx stream tagged on $ETH Caution unless reclaimed, on dips; don't wanna lose that range high

$ETH | Weekly + 12H Ethereum actually doing something for once! Weekly: We've taken out the swing high and are now pushing into the Weekly iFVG. I'll be watching for signs of weakness here, especially around the $2K level and the stacked Weekly FVG around $2.2K. 12H: Price smashed through the equal highs and closed well above them, now trading deep into premium of the range. The main area I'm watching is the 12H RH, which lines up with the $2K round number and the Weekly OTE zone. Overall I'm still bear biased until we either get a clear break above ~$2.4K or a move back into lower prices. The swing lows in the $1.7Ks are the first levels below I'd be watching for renewed strength. That said, we've now reclaimed the old 12H range, which is worth keeping in mind given ETH's recent strength. If we break the more precise 12H range to the upside, I'd be open to longs targeting the old range high around $2.4K.





technically reclaimed but there's something weird about the way this moves no read, therefore flat











