On the hourly chart of ETHUSD, there appears to be a H$S pattern developing, with 1720-1760 being a significant supply area.
The candle momentum around the 1680–1658 range is weak, as confirmed by the RSI RSX indicator showing weak pressure working in the lows of those candles.
1558 is the nearest target for a bias of 1475.09.
The candle momentum around the 1680–1658 range is weak, as confirmed by the RSI RSX indicator showing weak pressure working in the lows of those candles.
1558 is the nearest target for a bias of 1475.09.