Potential Bullish ETH 10 May 2022

Ethereum all time history index INDEX:ETHUSD

exlux99

The lowest point of today is around 2200
Currently we are at 2375and the highest point of today was on 2440

Based on this, there are 2 scenarios which can be applied, both bullish .
The reason behind the bullish recovery for today, is that yesterday we had a movement of almost 13% going down, so from historical prediction(not 100% accurate) we can expect that today today is going to be a bullish candle.

So for entry point we can see that POC volume area is around 2320 so based on this:

we can either wait and enter long around POC point of 2320, or we just enter now.

In both cases we can use the stop loss on 2290.

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