$ETH | #Ethereum - 4H Crypto Trade Setup Update●Current Status: ETH broke above the Point of Control

7 months ago
6

$ETH | #Ethereum - 4H Crypto Trade Setup Update

● Current Status: ETH has broken above the Point of Control (POC) and may retest it as support, while caution is advised due to falling momentum and rising money flow.

● Technical Indicators: The Moving Averages (MA) are showing signs of turning downwards.

● Outlook: Traders should remain cautious and monitor for potential bearish signals, considering the mixed indicators from the potential retest of the POC as support and the downward turn of the Moving Averages.

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