Bulls unable to break resistance at the short-term upper trend limit, forcing $ETH ATH just shy of 4850.
H4 MACD and Chaikin moving back towards crossover range with expected support at the long-term upper trend average (~4650).
A dip below long-term UTA could send us as low as the 'expected average' if indicators trigger and short-term LTA (~4500) doesn't hold.
In contrary, volume's been picking up lately and daily looks well condensed. An H4 hammer close could trigger an uptrend and another attempt at resistance.
H4 MACD and Chaikin moving back towards crossover range with expected support at the long-term upper trend average (~4650).
A dip below long-term UTA could send us as low as the 'expected average' if indicators trigger and short-term LTA (~4500) doesn't hold.
In contrary, volume's been picking up lately and daily looks well condensed. An H4 hammer close could trigger an uptrend and another attempt at resistance.
