FX.co ★ #Ethereum chart analysis

#Ethereum H4 The asset's price has at the moment moved above the resistance at 2414.50 and is also trading above the moving average. So at the moment we have the advantage with the bulls and, accordingly, the upward direction may continue. A target for this direction can be considered the resistance at 2549.60 and we'll see the result after testing it there. A move of prices back below the level 2414.50 and a consolidation below that level would, in that case, of course, be a downward move toward support at 2314.86. All the best to everyone.