Ethereum Analysis (ETH/USD) by trader-ba

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· @trader-ba ·
Ethereum Analysis (ETH/USD)
TUESDAY
21-JAN

Price reached a Weekly resistance level and started consolidating.
It could go either way from here but the HTF resistance could push price further down and longs could have limited profit potential.

![](https://cdn.steemitimages.com/DQmZVreuimw9UrNmWftyuNA7HR8cfmTr34gXAqge7j8AfCL/image.png)

Any rallies towards the top of the current range could provide shorting scenarios.
A drop towards the $158 S/R level could provide long scenarios.

![](https://cdn.steemitimages.com/DQmaQbaPNXSdjye1qJnVMYXMmo5pNcmNAorFj7uRgcdRF22/image.png)
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