FX.co ★ sandra75 | #Ethereum chart analysis

#Ethereum H4 At the moment the asset is trading below the resistance level 2660.20 and the moving average is below prices, providing support to both the prices and the upward direction overall. A break above the resistance will allow continuation toward the resistance at 2822.05, but only if prices can consolidate above that level. This simply rules out the possibility of a false breakout and thus confirms the upward direction. As for a pullback, at the moment it is of course an option, and the support at 2530.62 is a level that may give the start to a resumption of the upside. All the best to everyone.