Ethereum (ETH): Reached Zone of Rejection!On a smaller timeframe, we are seeing a good possibility for a rejection to happen from current zones.
As Bollinger Bands is in an overbought zone, we are now seeing a struggle to breakout from the current zone, so a possible rejection from this zone is still in play.
If we somehow see a breakout crom current zone, then our next zone will be 200 EMA.
Swallow Team