A solid push brings ETH to 4k but subsequent PA results in another double-top formation.
Although price was able to keep above 3900 D1 failed to close within zone implying a higher chance of further correction.
Using a similar $60 window as 3750-3810 and 3520-3580, expected support has been indicated via the upper green highlight (3840-3900).
Note that adjustments were made from 3765->3750 and 3700->3685 for better accuracy (H4->H1).
tradingview.com/chart/gDBkksfy/
Although price was able to keep above 3900 D1 failed to close within zone implying a higher chance of further correction.
Using a similar $60 window as 3750-3810 and 3520-3580, expected support has been indicated via the upper green highlight (3840-3900).
Note that adjustments were made from 3765->3750 and 3700->3685 for better accuracy (H4->H1).
tradingview.com/chart/gDBkksfy/
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Related publications
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.