Technical analysis by FrizzyTrades about Symbol ETH: Buy recommendation (6/16/2024)

ETH has successfully touched the daily fair value gap 50% level, and now are seeing major buying force pushing up, broken 1H bearish structure. Now, it would be safe to see it cross the 4H candle to confirm bullish momentum. Im looking for a short opportunity here as ETH now is showing a retrenchment move to take the liquidity from 1H FVG. I'll wait for it to cross the 15 mins mark up line for BOS confirmation.