If
ETH does cannot close above the prior daily high, then it would be printing a lower high which would suggest some downside.
We see strong lower time frame support at $3,250. Price action is looking bullish as long as 4H candles are closing above this support zone.

If the bulls can close a daily above resistance at $3,615, then I would be looking for a move to the $4,000 resistance zone.
Currently looking like we could see some sideways and down action before another leg up.
We see strong lower time frame support at $3,250. Price action is looking bullish as long as 4H candles are closing above this support zone.
If the bulls can close a daily above resistance at $3,615, then I would be looking for a move to the $4,000 resistance zone.
Currently looking like we could see some sideways and down action before another leg up.
Note
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Twitter: twitter.com/CryptoGuru369
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.
General Inquiries: t.me/cryptoguru369
Twitter: twitter.com/CryptoGuru369
Twitter: twitter.com/CryptoGuru369
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.