#ETHUSDT 7H Chart

Ethereum / TetherUS BINANCE:ETHUSDT

saviour25

Price continued with the upward movements after tapping perfectly into the 4h demand zone at $2,920 and left a 7h demand zone at $3,070. MACD is beginning to show some bullish weakness, RSI is overbought and EMAs are bullish . Price got rejected from a 2h supply zone on the retest and it is now close to testing the 7h demand. I am not favoring any continuation from here however we shall wait for low timeframe confirmation and price may retest the 4h demand before moving up again. Waiting for confirmation.

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