Ethereum consolidates and gathers strength on the 4-hour chart, with a firm bullish outlook.
After a surge, it pulls back and consolidates. The MACD green bars are shrinking, indicating weakening momentum and a bearish divergence. The KDJ and RSI are turning downward, all signaling accumulation. A brief correction may be followed by another rally.
Ethereum: Buy near 3130-3080 on the pullback, target 3220-3300 $ETH
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Ethereum consolidates and gathers strength on the 4-hour chart, with a firm bullish outlook.
After a surge, it pulls back and consolidates. The MACD green bars are shrinking, indicating weakening momentum and a bearish divergence. The KDJ and RSI are turning downward, all signaling accumulation. A brief correction may be followed by another rally.
Ethereum: Buy near 3130-3080 on the pullback, target 3220-3300 $ETH