ETH/USD - Testing local resistance, sideways action expected. 🤣
ETH is hovering just above our local support at $3,000 which would present an interesting entry if you plan to ride this up towards 
4K again.
Nevertheless our daily chart is bearish right now, therefore, I would not exclude a clear re-test of our long term support trendline which may provide a better entry just under 3k. I'd be surprised for ETH to lose that support.
So an entry under 3k would be a sweet long opportunity in the medium/long term, especially if ETH will manage to break out of4K resistance towards the end of the year.
Like and follow if you liked this idea!
4K again. Nevertheless our daily chart is bearish right now, therefore, I would not exclude a clear re-test of our long term support trendline which may provide a better entry just under 3k. I'd be surprised for ETH to lose that support.
So an entry under 3k would be a sweet long opportunity in the medium/long term, especially if ETH will manage to break out of
4K resistance towards the end of the year.Like and follow if you liked this idea!
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