Hello everyone. What i showed in this chart is a clear support and resistance
zones from previous pushes and pulls, as well as a big fib retracement showing that we have a MAJOR support line between 765 and 780$. Also, we have somewhat a strange situation upwards, since even though major resistance is high up, between 970 and 1000$, judging by previous resistance and fib retracements, we dont have much buying power to go to the upside, which is shown on the volume
chart. Also, we are heading upwards straight into 4h 100 moving average. On top of that, we are not overbought or oversold yet on the RSI
side, but it still shows uncertainty towards the upside. I'd say this is a no trade zone for me, since the upside isn't big enough for me to enter such a risky trade. Time will tell where ethereum
goes, but so far, it's a stalemate.