$ETH $3400 tagged. Expected first target.

Still below 200d sma. Retest and 3600-3800 area is possible.

Zooming out you can’t deny this is starting to look like a higher low in the structure.

We’ll see, I still this we can form a lower higher anywhere in the $3.4-3.8k area, even $4k if it will squeezes.

Then back to the lows. Time will tell, it’s also a possibility that we’ll make new highs, but confirmations for this probability are a while off.

3rd picture shows this scenario with current ema’s on daily still in the bearish configuration. So that scenario requires to keep pumping, flip and the back test on the retrace to confirm.