ETH - Pullback Incoming

Wait 5 sec.

ETH - Pullback IncomingEthereum / TetherUSBINANCE:ETHUSDTVIAQUANTETH just printed a 1D doji reversal that could indicate a pullback should be expected. There is a lot of resistance between $3,800-$4,100 so a cooldown here would be nothing to worry about. If we start seeing the price drop the first level of support we would want to watch is the green trendline. This could put price somewhere between $3,450-$3,530. However if we see a wick down, or just start pumping back up creating a green daily candle following this reversal candle, that would signal this uptrend wants to climb to the $4k levels. Be prepared for a pullback, but if we start seeing the momentum negate the reversal candle we will update this post. Powell also speaks tomorrow so depending on what he has to say will most likely affect markets in a big way. Expect volatility.