Ethereum it's in the main support $2,730 USD. This support it's very important meanwhile Ethereum still in this upside.
Now, there's an interesting possible long position in Ethereum in the market price as I look a possible end formation of this ABC correction. So, we pass the Elliot Wave Cycle and right now we are in the Elliot Wave correction ABC. We could to look what Ethereum do in H4 timeframe and fount out any possible bullish pattern in this cryptocurrency.
You can to use the 3 Daily chart as alternative to analyze better what Ethereum do.
I hope that this analysis will support you!!!
I do not considered long posiiton, but I'm in the indecision in this cryptocurrency as we can't to find up any bullish signal and bearish signal.