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Trader Journals:::2026-11-07T05:17:48

#Ethereum chart analysis

#Ethereum H4 With a significant drop, the asset's price has again moved below the level 2263.66 and also below the moving average. Now it seems only consolidation below the level is needed for the downward direction to be able to continue. Support at the level 2070.10 would in that case be the target for the downward direction. And then, as they say, we'll see once it's actually reached. The upward direction would occur if prices return above resistance and at the same time are able to move above the moving average. They could very well try to fill the price gap now, and this is a moment worth paying attention to. All the best to everyone.

#Ethereum chart analysis

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