Technical analysis by tamastery about Symbol ETH: Buy recommendation (11/17/2024)

ETH bulls have just shown recent strength by shifting the market structureHere is a potential long position that targets higher supply zoneA channel of liquidity is now forming after the most recent bears reaction, which liquidated some long positions, but now the bulls are creating a trap for bearsBe sure to watch out for aggressive long liquidations that might trick you into starting short positions