FX.co ★ #Ethereum chart analysis

#Ethereum H4 At this time the asset is trading below the resistance level 2660.20 and the moving average is below the prices, which provides support both to the prices and to the upward direction overall. Overcoming the resistance will allow continuing the move toward the resistance at 2822.05 but, only if prices can hold above that level. This simply rules out the possibility of a false breakout and thereby confirms the upward direction. Well, a pullback at the moment is, of course, an option, and support at 2530.62 is a level that can give a start to a renewed move to the north. All the best to everyone.