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Technical analysis by Tealstreet about Symbol ETH on 10 hour ago

https://sahmeto.com/message/3765509
Tealstreet
Tealstreet
Rank: 326
3.1
،Technical،Tealstreet

Very tight consolidation in our demand box. We're finally doing another attempt at breaking up and taking all the highs at 4500. I would look for a rejection there, then either a retest of the current price, or a sweep of all the lows at 4270. If we fail to even get to 4500, I think it's more likely that we take the lows of our demand box. In that case we need a fast reclaim of the ema and demand cluster, or we open up the gates to a lot lower (3500-3700). No certainty on this chart for me, although it is looking very likely that some resolution will come sooner rather than later.

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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$4,406.16
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