ETHUSD

By Slimm31
Ethereum Update: Both scenarios I'm looking at right now. We could either see some consolidation for the moving average to catch up or a pump to the upside if it breaks the 3.85 K level. We now see a struggle from the Etheurem price to break the .786 Fibonacci level. If ever it gets rejected, we could see the price fall back on the 3.5 K Level. In addition, MACD could cross in the 4H TF. But if it breaks through the 3.8k level now as support, the next level to watch out for is the ATH back in May.
Trend Analysis
Slimm31

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