#ETHUSDT 4H Chart
Ethereum / TetherUS BINANCE:ETHUSDT
Price is stll ranging in an overall downtrend and it is currently consolidating between the 1h demand and the 1h breaker. MACD is showing bearish weakness, RSI is sold but is showing a bullish divergence and EMAs are bearish . I expect price to break through the 1h breaker coming into next week and once it closes above it we would look for scalp setups to aim for the 3h supply at around $2,930 as a short term target before we wait for price’s reaction there for confirmation.
