Parity: #ethereum
Timeframe: 4h
Trend: Bullish ⬆️
Momentum: Bearish ⬇️
Volatility: Positive ✅
Volume: Negative / High Selling ❌
Candle Strength Score: 5.3 "Normal"
Range: Above accumulation area, below bullish and gradual profit-taking area / Normal trend.
Direction forecast: %57 ⬆️
Supports:
2656$ : Strong support
2578$ : Upper band of accumulation
2500$ : Equilibrium level
2421$ : Lower band of accumulation
2343$ : Strong support / Potential buying level
2187$ : Very strong support / Fragmented buying opportunity level 2109$ : Oversold level 1 / Potential buying opportunity 2031$ : Oversold level 2 / Potential buying opportunity
Resistances:
2812$ : Very strong resistance / Level to be surpassed for continuation of bullish structure.
2890$ : Overbought level 1 / Fragmented profit-taking level. As long as it is maintained, bullish movement continues.
2968$ : Overbought level 2 / Fragmented profit-taking level. As long as it is maintained, bullish movement continues.
3046$ : Critical strong resistance / Possible bearish movement level
3125$ : Strong resistance
3437$ : Weak resistance / If broken, likely to move to the next level.
3750$ : Long-term strong major resistance.