8.22 Ether
From the 4-hour timeframe, the middle band of the Bollinger Bands shows a pressure drop trend and is overall extending downward. However, the lower band has shown signs of support along with a potential upward turn; the bearish strength is obviously shrinking in volume.
On the indicators level, the KDJ indicator is approaching the zero axis, and a golden cross pattern is about to form; the bullish momentum of the MACD indicator is also in a stage waiting to be released. Overall, subsequent operations are recommended to focus on low buys.
Can be traded in the 4200-4230 range, looking up to around 4300-4350.
