ETH just rejected by SMA(200) and SMA(20) range, which happens to coincide with the 4-hour SMA(200) as well. Don't get your hopes up until the SMA(200) on the 4-hour and daily charts holds.
Comment:
Much like BTC, ETH is bucking the trend. Time will tell, but if it can hold the SMA(20) and the SMA(200), that could be a sign of a reversal.
Much like BTC, ETH is bucking the trend. Time will tell, but if it can hold the SMA(20) and the SMA(200), that could be a sign of a reversal.
Never sleep on the 4-hour charts!