Ethereum on the 4 hour timeframe in a make or break situation on the short term. If it holds the trend and can continue to rise past $2000 then hold price confidently, next step is $2150 at the top end of the range where it may encounter heavy resistance. RSI and MACD are in favour of a bullish move as they both suggest oversold on the H4.
On the bearish side it the bullish trend is broken we may see a retest of $1800 and should that fail to hold, major support is at $1720.
BTC and indicies like SPX will have a large say in Ethereum's short term future.
Not financial advice
On the bearish side it the bullish trend is broken we may see a retest of $1800 and should that fail to hold, major support is at $1720.
BTC and indicies like SPX will have a large say in Ethereum's short term future.
Not financial advice