saviour25

#ETHUSDT 2H Chart update

BINANCE:ETHUSDT   Ethereum / TetherUS


ETH is still following BTC's lead. It also tested its 2h demand zone once again and got rejected hardly. Currently price is consolidating between $2,880 and $2,965 as it tested this resistance level multiple times failing to break through it but creating big liquidity. MACD is now bullish after showing bearish weakness and RSI is slightly below 50%. Price should grab the liquidity and we should witness either upward movements reaching the 2h supply at $3,050 first then the resistance at $3,150, or downward movements breaking the previous low at $2,730 and become in a downtrend.


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