Technical analysis by naphyse about Symbol ETH on 12 hour ago

#ethereum price has been moving in a distribution zone and needs to breakout at least 3000$ to be optimistic and 3300$ to be bullish. #eth price is now having a bearish retest where broke the former support zone and now testing the current resistance zone. 4H ichimoku cloud must be broken out. A heavy declination from this zone may cause heavier dumps.