I'm expecting further correction ahead; first support at 3950 followed by the lower trend average. If we break LTA the price could continue to drop to 3600.
Based on a previous correction in September, $ETH dropped nearly $1000 before bulls took over.
Assuming a high of ~4750 before the daily chaikin crossover would put us around 3750 (LTA). Factoring in weekly MACD convergence could put us around 3600. Zone highlighted.
Based on a previous correction in September, $ETH dropped nearly $1000 before bulls took over.
Assuming a high of ~4750 before the daily chaikin crossover would put us around 3750 (LTA). Factoring in weekly MACD convergence could put us around 3600. Zone highlighted.
