Sushi did a higher high, and after this dipped, in my opinion, we should be able to see a breakout in next day, and after this im gonna add more to my bags, im confident that we gonna have a good leg up.
Ethereum price action is beautiful, after a correction and some consolidation, we broke out our descending trendline, and we did a perfect double bottom, with fundamentals from Amazon being part of crypto soon, should support the price too with the rest as we made the last months. Play safe, but i believe we are totally bullish.
Ethereum lost a lot of bullish strenght in 4h, and is currently doing descending channel on 1 hour timeframe, so i believe after we found some exhaustion at that sell zone area, we will do something like i did in the chart with arrows.
Ethereum lost a lot of trend strenght, and now is copying the last patterns, so with that breakout to the downside, i believe ethereum could dosomething like i show with the arrows in the chart, correction should happen really soon or now.
After our before analysys, we can see that eth got strenght to get new highs, but right now i see ethusd overbought inndaily timeframe and 4 hour timeframe, so for this reason i believe we can see a correction until our buy zone, possible confluence will be visible on this levels, im still bullish.