I think the chart is pretty obvious. For long-term investors the pullback is good in terms of gaining fuel for further gains.
For traders, look for 0.0060 support. 0.004 looks like a global support yet we should not head this low.
Also, coming events will give strength and confidence for investors.
NFA.
Disclaimer: I am long leveraged.
After yesterdays breakout, we are witnessing healthy correction.
That’s the textbook pattern you will learn about in the first grade on your first lesson.
Bullish for traders and investors. $0.012 in play.
NFA
Been watching ETH for a while now. Successfully rejected on 15min chart, bearish confirmation.
Short in a short-term, possible support at 1940. Also the unlock news doesn't favour Ethereum. On daily, there might be a cup and handle formation, which leads us to support around 1720.
If long, I'd wait for entry around 1750-1800.
These are just my thoughts....