On the daily, ETH just touched the 200EMA line. Which suggest it could be rejected again and the bear market will continue. Zooming in on the 4H we can see that the channel, and the recent move, could not reach the top of the channel. Not even with a wick. This seems weak to me. Furthermore the volume suggest alot of buying taking place, and a correction could be due.
Comment:
ETH pervs are out in force it seems. They will pump this any way they can. Its disgusting tbh. Stay far away from ETH unless you are a perv.
