$ETH Has just been chopping everyone up as it has been consolidating in the middle of the range around this $4.3K-$4.5K area. Still not a place for me to take any trade with the lack of momentum and especially at the start of a new week & month. I think a retest of the range lows and 4H 200MA/EMA trend would be an interesting spot. Alternatively, consolidation above $5K+ would be bullish and should lead to higher into price discovery.

Daan Crypto Trades
@DaanCrypto
08-26
On Sunday, $ETH swept its all time high. It then proceeded to sell off from that point and fill the inneficiency from the "Powell Candle" that was created last Friday. The 4H trend has been very strong since the start of July. $ETH has basically been up only and did not test
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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