Ethereum looks to be hitting resistance. It's likely to see a short-term pullback here. I have marked a range on the chart that is likely for this pullback. Also worth watching the moving average I have added here also.
Trade active
RSI divergence is just getting worse on this chart and it's not crossing 3200 USD. Likelihood of a pullback into the previously mentioned channel is increasing.
Note
Adjusting FIB retracement to new high put in. The target range moved slightly.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.