$ETH is ready to move to the upside.CRYPTOCAP:ETH has been in a consolidation phase since December 16. This period was accompanied by a bearish divergence that appears to have played out. Now, CRYPTOCAP:ETH seems poised to pump again on the daily timeframe.
The correction was moderate, with a decline of -21%.
Several resistance and support levels are marked with my green lines. My refill box at $2900 was not reached, but the bottom at $3100 was successfully touched.
It looks like it's time to long $ETH. Resistance levels are at $3700, $3800, and $4000 on the way up.
Let’s see how it performs.
DYOR!